The Death Knell of the Comics Code?

So, DC Comics announced today that they are going the way of Marvel Comics and just doing their own rating system (by the way, DC, I like E for Everyone better than Marvel's A for All, well done).

Is this it for the Comics Code Authority?

It was pretty much just DC Comics and Archie Comics keeping it afloat, and DC was obviously the bigger of the two. Now that DC is pulling out, is that it for the group? Archie Comics might as well just do their own ratings, as well.

By the way, it's interesting to note that Vertigo will just remain "For Mature Readers."

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