Hey, cool — the rumors were true, Yahoo has acquired Flickr. That’s awesome; it’s a fabulous web application, constructed by people who clearly get the web and have the programming skills to build an extremely usable interface, so it’ll be exciting to see how Yahoo integrates Flickr into its offerings. It’s nice to see that it will remain separate from Yahoo’s own photo service for the time being, since what makes Flickr so unique is that it’s not a generic store-and-print-your-photos service, but rather seems to be centered on using images to create communities and interconnections. It’s also nice to see that Yahoo will be throwing its resources at expanding capacity and lowering costs, which is always a bonus.

Congrats to Stewart, Caterina, and all the other people at Flickr!