While the ending is one of those "could be either/or" types, I thought it was pretty apparent that he did, in fact, die.
I can't remember with 100% certainty, but I seem to remember a conversation he had with Kate that somewhat foreshadowed his eventual death. Though, its been a while since I watched it. So I could be wrong about that one.
However, after the shoot-out he's not standing but on the floor, propped up against the back of the bar. He seems to be staring into space and (Once again going from memory) just before the fade to black, it looked like he had stopped breathing.
Long story short, I thought he died.
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