I love the smell of victory...UPDATED

Look what happens when you fight back!:

The Susan G. Komen foundation announced that it will reverse its decision to cut funding for Planned Parenthood, apologizing for “recent decisions that cast doubt upon our commitment to our mission of saving women’s lives.” The statement calls the backlash over the decision to cut the funding “unsettling,” and says that the organization will “amend the criteria to make clear that disqualifying investigations must be criminal and conclusive in nature and not political.” “We will continue to fund existing grants,” the statement says, “including those of Planned Parenthood, and preserve their eligibility to apply for future grants, while maintaining the ability of our affiliates to make funding decisions that meet the needs of their communities.”

This is important on two major fronts: first, Planned Parenthood will continue to receive funds to help low-income women; and second, and most significant at this point, is that it shows that people are willing to stand up to the right wing attacks against Planned Parenthood.

As more and more examples of its shadiness are exposed, I don't know if the Komen Foundation can recover from this.  It has to get rid of its vice president and every other fundamentalist nutjob if it wants to be seen as a relevant player in women's healthcare (check out John Aravosis' reporting, it's super thorough - and awesome!).

UPDATE

OK, it seems I was a little premature with my celebrations. From the Komen press release (via Americablog):

We will continue to fund existing grants, including those of Planned Parenthood, and preserve their eligibility to apply for future grants, while maintaining the ability of our affiliates to make funding decisions that meet the needs of their communities.

The foundation's reputation is so screwed, I don't see how they can refuse Planned Parenthood.