The Microsoft-Novell-Deal got a huge response in the blogosphere.
At least 9 bloggers on ZDNet posted about this story: Mary Jo Foley, Ryan Stewart, Dana Gardner, Josh Greenbaum, Mary Jo Foley again, Ed Burnette, Marc Wagner, Mitch Ratcliffe, Paul Murphy, John Carroll (and I don't think this list is comprehensive).
Nobody knows whether this deal is good or bad for one of them or both.
Time will tell.
(Addendum, 2006-11-08: For more details see a new post from Mary Jo Foley).
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