According to this news report, Sen. Craig wil resign his Senate seat tomorrow.

Craig decided to resign with plans to make the announcement on Saturday, the Associated Press reported.

Craig will hold a news conference in Boise on Saturday, his spokesman, Dan Whiting said, but he would not say whether the three-term senator planned to step down. Idaho Gov. C.L. “Butch” Otter, however, appeared to have settled on a successor: Lt. Gov. Jim Risch, according to several Republicans familiar with internal deliberations.

If in fact this report is true and all goes as seemingly planned then I will only add that I wish the Senator and his family well.

Further reporting here.

Update: It has been confirmed, Senator Craig has resigned. Commentary and video can be found at Wizbang.