OK admittedly just a first read. I still have questions for my reps. I like the improvements in control and fragmentation. I like that they are addressing the global threat of affiliates. I like the new language protecting the Delta brand. I like that there are no changes at DCI with regards to the number of large RJs, but I would have liked to have seen a better block hour ratio. The Air France, KLM, Alitalia JV seems like more of a wash. A slightly lower EASK limit, but a two year look back versus 3 and no cure period. I do like that they added a minimum international block hours. With more JVs on the horizon capturing more block hours across the globe as opposed to just across the Atlantic may prove important. Maybe I missed it, but I'd like to see what percentage of our international flying that represents. Overall I think our Section 1 is somewhat better than what we currently have due to improved fragmentation and control language, brand protection, and a minimum international block hour limit. My big disclaimer is that this is just a first look. I'm willing to listen to reasoned opinions both pro and con.