REPORTEDLY, THERE IS A NEW POPE: No further details, yet.

UPDATE: It’s Ratzinger, now known as Benedict XVI. Prof. Bainbridge has thoughts. So does Andrew Sullivan, though they’re, um, different thoughts.

ANOTHER UPDATE: Rob Huddleston: “I am just giddy that the word ‘conclave’ will quickly disappear from all newscasts. . .”

Blake Wylie: “No surprise, here.”

Ed Morrissey, on the other hand, notes that the selection flies in the face of traditional conventional wisdom.

And Bainbridge responds to Sullivan — though his final line is, I think, a two-edged sword.

Meanwhile Brendan Loy videoblogs the (mixed) reaction at Notre Dame law school.