The proposal seems actually to be two: (1) to offer a "traditional" scientific meeting to the theory community, and (2) to eliminate what we know as STOC. The first seems like a good idea, although I'm not sure about the abstracts---is it supposed to be possible to have that *plus* a 10-page abstract for FOCS, SODA or ICALP *and* a journal paper? If so, I'd suggest a paragraph or two maximum, just to clarify the title, plus a mandatory link to a personal website, archive or publication. Let's not even call it an abstract---how about "clarification and pointer"? It shouldn't be something anyone would be tempted to tout on a CV. The new meeting should probably be aimed for summers; it could start out as biannual event like SIAM Discrete, or even as a one-time meeting, to test the waters. Actually, the more I think about it, the more I like (1). We do need an inclusive, noncompetitive meeting in TCS. I don't understand the reasoning for Proposal (2) (unless SIGACT feels it must eliminate one meeting to make way for another). Sure, FOCS and STOC play the same role, but so what? It means in effect that there is one semiannual meeting, giving everyone two chances per year to submit or attend. Very useful especially given the constraints of the semester system. Personally, I adore attending FOCS, STOC, SODA & ICALP (& PODC etc)---I like knowing that everything presented has merit and is relatively current. Being on the program committees is hard work but very valuable to everyone. Math suffers from not having this tradition; discrete math is lucky to have SODA as an option. I was totally awed and delighted the first time I saw a STOC proceedings---brought to me by an intrepid undergraduate named Sam Buss. The best results, by community consensus; all new, all in one place! Wow! Even if you were to convince the community of the desirability of both (1) and (2), I would not call the new meeting "STOC." It just wouldn't be STOC. People would end up talking about "new STOC" and "old STOC", which is silly and totally unnecessary. Why invite opposition from people who don't want the STOC entries on their CV's devalued?