UPDATE 2: Andy just emailed me, and said the following: "I have been asked by the management of WebSourced to remove my resignation announcement. I will not likely be posting to Search Engine Lowdown again but hope to have a new blog in the future. In the meantime, I can be reached by email at andy.beal@gmail.com"

UPDATE: Andy Beal's resignation post, quoted below has been removed from the searchenginelowdown website. I've heard from a reliable source that although Andy's name is on the whois, Websourced own that blog, they alledgedly made him give it to them, as they tried to do with Jason Dowdell, who recently resigned also, and is now being sued by Websourced. (do a search for dowdell in that doc and you'll see the relevant bits..)

The plot thickens eh?

From the horse's mouth:

I wanted my readers to be the first to know that I have decided to resign my position at WebSourced, Inc. The five years that I have spent, helping the company grow from a start-up to the world’s largest search marketing company, have been some of the most rewarding, exciting and satisfying of my career.

In writing this letter, I hope to avoid any confusion as to why I decided to resign as VP of Marketing. This decision is not one that comes lightly. It is clear that my vision for the company’s future does not match-up with its current course. These philosophical differences have led me to conclude that WebSourced’s current path does not align with my own beliefs.

Philosophical differences, eh? I know that's corporate speak for something. Read the rest at Search Engine Lowdown.