Andrew Sullivan is moving to *The Daily Beast*

His explanation is here.  I have long thought TDB built an attractive-looking web site, but I have not followed the company per se, nor have I read the new Newsweek, nor do I have a good sense of what Tina Brown on the web might mean.  Sullivan was the first blogger I ever read and of course he still is very influential within the blogging field.  What do you all think of this move?  And is the market for blog acquisitions heating up again?