I am afraid/ glad GM is doomed in it's current form.
Afraid because a lot more people are going to be without jobs in the near future when they are forced to declare bankruptcy. It's going to happen.
Glad as they will be a much leaner, more agile company in the future. I see other lines completely disappearing and only a couple of cores staying around. As we already know, Olds, GMC and Saturn are done. I expect Saab and Hummer to disappear too unless a miracle buyer comes along very soon. Pontiac and Buick are also on the ropes. From what I understand, Buick sells well in China and that may be it's savior. (It's easier for them to pronounce of all things!)
It may make sense just to take all of the best selling car names and put them under one company, not just one umbrella. I know this is heresy to many here, but it may be the only way to keep GM alive at all.
I really do think the Volt will be the savior of the company if they can just get it to market fast enough and if they get it right. If GM is serious about keeping Pontiac as a performance line, they should shift the Volt under the Pontiac logo as that is what it will really be when it first comes out. One of the very few items under the Obama porkulous plan that I do like is the monies for an electrical grid upgrade. This will help GM in the long run to make operating the Volt much cheaper than a gasoline counterpart.
OK, now I am rambling...
68' Firebird 400 convertible, numbers matching, solar red w/ deluxe parchment interior. 66' Pontiac Ventura Hardtop 66' Pontiac Catalina Convertible