For the first time ever, it took me over an hour to access my account because X.Com's server was too busy. That leads me to believe that already things aren't too stable with them, and that people are probably closing their accounts in droves. I went ahead and withdrew $30 more from my account just to keep it at that $10 level. It took the ATM I went to a good ten minutes to access my account to verify funds. NOT GOOD! While 5% interest on a checking account is an excellent rate, it would be really naive to think it will keep most of X.Com's customers happy, and it doesn't take a genius to see that a majority have stayed with X.Com for the credit line and the 9.9% rate. Even though some people will still be happy with a $500 to $1000 credit line, the majority, who have been cut to $100 won't find it worth it to stay. The bottom line is that banks are businesses, and businesses simply can't afford to lose more than a few customers. I've never used my credit line with X.Com and most likely never will. However, I've seen banks go belly-up over much less than what X.Com is going to go through. Although all money in the X.Com checking accounts is insured by FDIC, the feds are extremely slow in reimbursing people. The process could take weeks, months, or even years. Investment monies are NOT insured, so if you're keeping an excess amount invested there, you are taking an even bigger risk. Whatever you do, don't risk losing any more money than you can live without for at least 6 months. Get it out of X.Com ASAP and put it someplace safe until the mess is over or X.com ceases to exist. Direct deposits to X.Com are not a good idea right now! Protect thyself!