Yeah, but who's going to come up with the operating capital to get that new entity started? Yahoo doesn't want to spend money on Delicious; that's why they're dumping it. And outside investors aren't going to be eager to put money into a company that's been stagnant for years. Granted, without Yahoo's mismanagement, Delicious might be able to become vibrant again; but "we're not crippled any more" is not exactly a compelling story to tell to investors.
