No doubt, this is huge. I've got a number of thoughts regarding this move, so forgive me if the following post is a bit messy...
It's always sad when a heritage station, such as 96Rock, goes away. You grew up with it and witnessed its glory days. You gained a passion for music because of it. But let's be honest. 96Rock was hurting, especially with the loss of The Regular Guys. The Buzz, on the other hand, has shown tremendous potential on the horrible 96.7 frequency and progress at southwest-heavy 105.3. In the meantime, 99X is at an all-time low. The Buzz's Active Rock format certainly earned the right to a full-market frequency, and WKLS needed a change.
Was this move handled in the right way? I think so. The playlist looks pretty focused, not terribly far off from what The Buzz was doing. As for the name change...I've got mixed emotions. I'm not 100% why CC would kill the Buzz brand, especially as it began to gain traction and recognition. But if they had to make a change, I like the "Project" moniker. It's different. It's cool. I'll give CC credit for going out-of-the-box with the branding rather than slapping on something tired like "96.1 The Bone" or "96.1 K-Rock".
I think the key here will be the airstaff and especially the morning show.