Are friend breakups worse than the bf/gf kind?

Remember "Against All Odds," the Season 3 Degrassi episode where Emma and Manny decide not to be friends anymore? (If not, check it out tonight @ 7:30pm.) Their "breakup" is pretty harsh.

It's hard to watch girls who've been best friends for years have a conversation like this:

Emma: You don't want to be friends?
Manny: Not with a stuck-up prude princess.
Emma: Good, because I don't want to be friends with the school slut.

Have you ever been through a friend breakup? (Feel free to share your story if it's not too painful.)
Did you and your ex-friend ever become friends again?