DC Comics "relaunch"?

[cheebacheeba]

So I'm not too sure about all this...it seems like the events of a current storyline/crossover event called "Flashpoint" are going to be the starting point for a relaunch across all DC titles.
Thus far, I've found out that not all of the new titles will be set in the same continuity, with Justice League #1 being set when superheroes are "new", Demon Knights (involving Etrigan) taking place in the "Dark Ages", and Green Lantern #1 introducing yet another "new" Green Lantern as the pivotal character and following current events.
More interestingly it seems like a few of the old DC/Wildstorm characters are going to be coming into prominence again, with seperate titles involving "Midnighter" and "Grifter"...in the main DCU?
One thing I saw and liked though was a new "Resurrection Man" title, a character I always found interesting and would like to see more of.
Also returning is "Suicide Squad" which has always followed a group of "supervillains" on death row given the option to serve a shadowy govt organisation, or die...now that "secret six" will be coming to an end, hopefully this will largely pick up where that left off.
"Red hood and the Outlaws" will be one I'll watch with interest...I've come to really enjoy Jason Todds character and warped sense of justice over the last few years.

...So, any thoughts or pieces of news on this whole thing you found unusual?
Good? Bad?