Agreed, it wont be more then a hiccup in production; I suspect that one of the other food production giants has already tentatively agreed to purchase the brandings and recipes and are just waiting for the bankruptcy-courts to approve the liquidation of Hostess' assets. I'm almost positive we will be seeing Nabisco (Kraft/Christie - coincidentally, Nabisco was owned at one point by both RJ Reynolds Co. [1985], then by Phillip Morris Co. [2000]) or Hormel (or some other food-giant) branded Twinkies, Snoballs etc. before the year is out.