He's gone then. Iain Duncan Smith has just lost a vote of confidence by 90 votes to 75.
Commentators are describing the speech he made earlier today to Tory MP's before the vote as the best of his career - surely a bit too late, in my opinion.
Best of luck to whoever emerges as the victor of what will be the conservatives' fourth leadership election in the last eight years. Mind you, commiserations might be the correct word, since it must be a rather thankless task trying to lead an unruly back-stabbing rabble who don't want to be led...
PS - still hope that it isn't Michael Howard.