I am just now finding all this out (I've been out of the loop for the past few days), so this is pretty much my realtime reaction to this whole reset news.

And now I read that "Blackest Night" will endure thru the relaunch...

It's deja vu all over again.

Are you serious? Ok, so characters that died in a backstory which will no longer exist are going to stick around from resurrections from that same backstory?  Now I've gone from mostly frustrated to completely confused. 

This is the reason why I only read Marvel comics in the 80s... I could not stand COIE.

I think that there is going to be alot of speculation (and rumors) until it actually happens. I've read that alot of the creators aren't allowed to talk about what's happening until everything reboots.

Craig, I think wait and see is probably the best way to go. Personally, I don't subscribe to the "if they're not in-continuity and don't count why should I read them" mentality. My enjoyment of the stories is what makes them count.

I like Ed's premise of a "5 years into their careers" starting point. We'll see what shakes out.