The new face of Late Night?

So we're already aware that Conan O'Brien is scheduled to become the new host of The Tonight Show in 2009. Now it's being reported that the NBC suits are favoring Jimmy Fallon as Conan's successor for Late Night. Although NBC isn't making any official confirmations until after the new year, NBC's Rick Ludwin confirmed that Fallon is the network's top choice. O'Brien has been struggling for several years to have The Tonight Show return to its original home of New York; if he succeeds, it's going to mean a three-way booking war for guests between Fallon, O'Brien and Letterman. If that happens, it wouldn't take much for ABC to axe Nightline in favor of giving the 11:30pm time slot to Jimmy Kimmel.