If this would have had no news interest I would have applauded the effort. Now, with DC 'resetting' everything, is the perfect time to add diversity to a company who's catalog of characters were mainly created when white was the only color seen, male was the only sex worth anything and straight was the only way anyone "was".
Sadly, the news whores make this out to be 'news' when I think it is just about time.
Yes, the gay community does 'lose' one gay character for another, and yes, it is an off-shoot of a more well known character (even though this GL came waaay before) but it is a start that I, being not gay, still say was a good move. And at least DC did it a lot better than Marvel with Northstar and his scream ...