Lenny, I'd be a bit cautious about the report. Certainly there must be a lot of political pressure to have the report tell Congress what they want to hear. I haven't read it yet, but my experience has been that the closure of a base, especially a big one, is devastating to the community (and often very detrimental to the ability of a given branch of service to continue supporting a given system). My experience was in three places (well actually two, I guess). Charleston Naval Shipyard and the Charleston Naval Base, and Boston Naval Shipyard. Boston bounced back better, because a lot of skills worked well in other types of industry in the local area. But you can go down to Charleston right now, and it's almost as if the city took a nuke in the North Charleston area. The last time I was there, they were bulldozing the base, and the surrounding community was a boarded-up, rat-infested ghost town. Downtown Charleston was still okay, but then in Goose Creek, the suburb once inhabited by mostly Navy and contractor folks, the local economy is obviously a mess, and the once-nice housing subdivision I lived in was pretty run down and shabby looking.
Just my $.02.