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Whether it's good news, as opposed to a good sign, is a different question. It's pretty obviously something less than an investigation headed by a truly independent prosecutor. It's probably better than having the case managed by career people at Main Justice with the Attorney General kibitzing, probably not as good as having it managed by career people at Main Justice with the Deputy AG or the Assistant AG for the Criminal Division kibitzing.
But the hell with all that niggling analysis. Go out and celebrate. The odds on a Democrat's replacing George W. Bush just shortened considerably.