MUBARAK RESIGNS!

Breaking news and photo courtesy of CNN.com

SECOND UPDATE: It now appears that although Mubarak has resigned as leader of his party, he is retaining his position as Head of State. Smooth move buddy.

UPDATE: The Jerusalem Post has the full scoop!

This news literally just broke and there isn't much more I can tell you. I'll have more news as information disseminates. Something tells me this won't quell the violence we've seen on the streets of Cairo. At least not yet...