AL QUEDA'S NUMBER THREE... BOXED (AND DARE WE SAY, HOPEFULLY BEATEN?)

The alleged number three man in al Qaeda -- believed responsible for the terror group's global operations -- has been captured in Pakistan's frontier province with Afghanistan, Pakistani and U.S. officials have confirmed.

U.S. President George W. Bush on Wednesday immediately hailed the arrest of Abu Faraj al-Libbi, and that of 10 other suspected al Qaeda members, as a "critical victory in the war on terror." More...