It's about time for Jim Heavner to retire, so I hope this is a good move for everyone involved.
I'll be curious to see if the current mix of syndicated progressive talk (Air America, Stephanie Miller, Rachel Maddow, etc.) continues. When Heavner bought the station back from Curtis he had a LOT more local content on it than he does now. Economics being what they are, I'm not surprised that it didn't last.
As to the studio location, I'm sure Vilcom is getting more in rent from the current tenants than would be affordable for a stand-alone AM station serving a hyper-local market segment like Chapel Hill, even in the best of economic situations.
I don't look for that situation to change anytime soon, but it would be nice.
Later . . . .