Revision 3 acquired by Discovery channel

According to Kevin Rose, Discovery channel is now the owner of Revision 3.
My question is ” Will this mean that Discovery has a similar show line up that they want no competition so they will crush the shows like G4 did to tech tv, or does this mean that discovery will now be running Revision 3?”
Either way, we should have some good shows.

Downside is, major media now owns independent New media.

Wonder who will host the videos now.
Wonder if there will be a fee to watch tekzilla online.

Wonder what is to come of Twit network or if there have even been any offers.