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Bout DAMN time!

CAIRO — Egypt’s President Hosni Mubarak is to step down, two sources told NBC News Thursday, as widespread protests against his 30-year rule continue to grip the country.

Following an all-day meeting of the country’s supreme military council, state television reported that the military council had expressed its “support of the legitimate demands” of the people.

NBC News reported that a high-ranking source inside the president’s office said Mubarak would step down and the newly appointed vice president, Omar Suleiman, would take over. This was then confirmed by a second source.

The news came following repeated warnings by members of the regime of a military crackdown or coup.

Some pro-democracy protesters reacted cautiously, saying they would only believe Mubarak was really resigning when he announced it on state television.

State TV said Mubarak would speak to the nation Thursday night from his palace in Cairo.

However, Al-Arabiya television news said there were reports that Mubarak had gone to the Red Sea resort of Sharm el-Sheik with his army chief of staff. There were other reports that he had actually left Egypt yesterday and that his statement was pre-recorded.

Despite being happy about Mubarak’s resignation there are still some concerns amongst Egyptians about what type of governing body will take power.

“It’s a good development, but we really want to know if it will be a military government or not. That’s our fear,” Ahmed Medhat, a 41-year-old film director who was in the square earlier Thursday, said.

“Maybe it will be a military government for five months, it will be ok. But forever?” he said. “We are waiting to take a decision. Will it be a military government? Maybe we stay and we are not going home again.”

Congratulations to the people of Egypt! You stood your ground and it appears that you will get exactly what you asked for.

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