Microsoft + Yahoo = ?

Biggest news today out of the tech world: Microsoft bids $44.6 billion to purchase Yahoo! (market valued at $25 billion)

• http://ca.reuters.com/article/technologyNews/idCAWNAS894220080201
• http://www.news.com/Week-in-review-Teaming-up-against-Google/2100-1083_3-6228754.html
• http://www.businessweek.com/technology/content/feb2008/tc2008021_367435.htm

If it's accepted, how would this merger affect you?