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Ciaran,

You've pretty much reiterated what I posted within minutes of Kingdon's annoucement. To be honest, I'm not at all surprised by this outcome - as I've said in my post, I actually think this was LL's aim all along; the "immediate" 67% hike was a ploy - they knew people would not go for it, and by putting it out there they effectively opened the door to let them usher in this "solution" and present it as a "compromise".

The sad fact remains, people will see this as a "positive" move. Some will even, god help us, claim it as a "victory" in being "listened to".

For myself I can only say, "Thanks, Mark, but i usually like to kiss before getting f***ed."