How sad for Pluto — tossed out of the Solar System.
Though perhaps its easier to delete ONE planetoid out of the textbooks rather than add several to dozens more.
Ironic, given the Disney tie-in that happened for it later, that Pluto is now classified as a "dwarf" planet.
As for me, I'm sort of fond of Pluto… it's got the best satellite name — Charon (these things always make me think of the B-52s song, "There's a Moon Up In The Sky, It's Called The Moon)", and its got that way out of plane orbit.
And perhaps more importantly, WHAT am I going to do with my wire-and-styrofoam-ball Solar System model from the 4th grade?!?!? (Not that I still have it or anything…)
Stevil 
This makes me inexplicably sad. Poor Pluto.
I see a growth of a "Pluto's a Planet" underground movement by disgruntled (yet sentimental) science-types. :)
I heard about Pluto's reclassification in Reykjavik (not just from steve's blog!) – so this IS world news. I predict "Pluto's a Planet" Tshirts for sale at your usual nerd shops like thinkgeek.com…coming soon.