Now that we are into 2008, and the deadline for SMB to exercise his put option is only 5 months away, how do we feel this is going to pan out? Obviously the BMI slot holding in LHR is very valuable but what about the likes of Baby and Regional? If LH were to buy BMI would the break it up and profit from selling the slots to their Star Alliance partners and might SMB retain the subsidiaries as a retirement hobby?