Educational Consortium Will Control .edu Domains

PxT writes: "According to this Reuters story, the U.S. government is going to hand over control of .edu to an association of 1800 college IT departments. Anything is better than Verisign ..." I wonder how long VeriSign cried over this move, considering that it probably wasn't very lucrative to administer .edu names. (It would be very nice to see .edu domains that aren't only 4-year colleges, too, so I hope that happens.)