Well, the wait is over. Ilya Kovalchuk is a Devil and Anssi Salmela, a former Devils prospect, will return to Jersey. In exchange, Johnny Oduya, (this season's) Penguin killer Niclas Bergfors, Patrice Cormier, and a 2010 first-round pick will head off to Atlanta.
SBN's NHL page is all over the Kovalchuk trade
ESPN has a bit on it as well
Immediate reaction: This doesn't bode well for the Pens. Although they've done a pretty solid job of containing Kovalchuk this season, the Devils are another animal all together. Now with Kovalchuk on board, they have a potent offensive threat to go with an already solid defense.