Looks like a major capture in Iraq:

Al-Baghdadi, also known as Abu Abdullah Rashid al-Baghdadi, has been identified in statements posted on Islamic extremist Web sites as the head of the Islamic State, which was proclaimed last year after the death of the leader of Al Qaeda in Iraqi, Abu Musab al-Zarqawi.

Al-Baghdadi was said to have headed the Mujahedeen Shura Council, an alliance of Al Qaeda and other jihadist organizations, which was set up last year to downplay the role of foreigners in the Iraqi insurgency.

Hard to see how this is bad news. For either us or Iraq.