As of about a half hour ago: Karl Rove resigned.
He says he needs to spend more time with his family. (What a sweet guy!) Of course, he is one of what is becoming a lengthy string of Bush administration officials to suddenly need some heart to heart time with the spouse and kids. He chose to break the big news to Rupert Murdoch's new pet project, the WSJ. The big question, of course, will be why he actually resigned. Infighting? Had Bush become a lost cause? Was Rove more controversy than he was worth with a year and a half left to go in a lame-duck presidency? Is it to skirt the soon-to-be-breaking news about his and Dick Cheney's torrid affair? (I wish.) Is he working for a 2008 presidential campaign??
Updates to come when the news is a bit more detailed.
UPDATE: Lauren asks, will he be indicted?