So, the Lib Dems are now looking for a new leader after Sir Menzies Campbell's resignation yesterday. Although his departure was sudden, it was hardly surprising and, I think, has come at the right time. Sir Menzies has done a fantastic job steering the party through the difficult period following Charles Kennedy's departure but the reality is that Ming didn't bring enough zing. The latest polls show the party 12% in terms of support and by resigning now, Sir Menzies has ensured that whoever replaces him has a good run at the next general election, whenever that may be - probably 2009 now.

I'll be keeping a close eye on progress, not least as I'm finally going to sign on the virtual dotted line and join the party at last. As the key players - notably Chris Huhne and Nick Clegg - make their moves I'll be providing some inexpert analysis (as well as linking to the experts).

Some useful links:

• The timetable for the contest
• Independent front-page story - with profiles of a lot of candidates at the bottom
• Statement by the party
• Guardian Lib Dems section