Amtrak's Northeast Corridor being spun off as a separate company?

I'm actively keeping an eye on Amtrak stories in the news. Plenty of recent stories about spinning off the Northeast Corridor of the Amtrak line into its own entity/company and shift more cost burden to the states. I don't have a feeling if this would be good, bad or indifferent yet. I do feel Amtrak must continue to receive government funding as any public transportation service needs financial support.

Some articles on this subject I found interesting and/or informative:

Amtrak Breakup Advances
NYTimes.com
Published: October 13, 2005

Manufactured Hysteria Is Flying
United Rail Passenger Alliance
Published: October 14, 2005

NARP (National Association of Railroad Passengers) Responds to NEC Infrastructure Subsidiary Creation
Published: October 12, 2005

Amtrak spinoff a first step
timesunion.com
Published: October 15, 2005

Amtrak is derailed by the profit myth
By VINCENT T. OWENS
www.delawareonline.com
Published: October 24, 2005

Talking Transportation: Breaking Up Amtrak
By Jim Cameron
www.westportnow.com
Published: October 24, 2005