That's right... Del.icio.us is now a part of the Yahoo! family. You can read more about it on the Del.icio.us blog, as well as on the Yahoo Search Blog. One of the first things happening seems to be work between Flickr and Del.icio.us. I can't wait to see the results!
Google, if you're listening, you'd better jump on the bandwagon. Flickr and Del.icio.us both belong to Yahoo now.