This has been coming for a while; I remember Meltzer talking about this at least a year ago, and of course OVW has been working this into their storylines. JR's not as much getting a promotion as getting a bigger title with less chores to do, as Laurinatis takes over JR's responibilities.
I'd assume that hiring and firing of talent is a group decision, so the only change there is that someone else gets to let people know they're fired. If I recall correctly, JR was booking the house shows, so there might be changes there - or they might have already made changes, who knows.
Because this has been in the works for so long, I don't think we'll notice much of a change. Except OVW storylines.
See this is what I want to happen JR goes away and stay away. Go back to OK and live your old life away, I don't like JR and I think he is one of the reason why the guys that should get the belts aren't or getting the TV time they should get.
Go away Good old JR
Great Muta is a wrestling GOD!! praise the Great Muta.
Agreeing with JayJayDean on this...if you listened to the Paul Bearer interview on Byte This the week after Mania you'll find out he was under WWE contract in October and nobody to my knowledge found that out or posted on the web.