It's way past my bed time but I'm going to give it a shot.
It was rumored around midnight but wasn't confirmed for another 30-40 mins that that the Astros have finally chosen their man to run this team in the wake of Ed Wade's effort. Jeff Luhnow has been serving in the St. Louis Cardinals organization since 2003. Most recently as the Vice President of Scouting and Player Development.
It appears that a colleague of Luhnow jumped the gun on congratulating him on his hiring, which caused twitter rumors to swirl before being confirmed by several local and national media personnel.
Speaking of twitter he has an account so be sure to give him a follow.
Press release tonight, press conference tomorrow at Minute Maid Park 1PM CT
Astros hire Luhnow as general manager « Tag's Lines
By Brian McTaggart
Baseball Prospectus | Prospectus Q&A: Jeff Luhnow
Q and A with Jeff Luhnow - Beyond the Box Score
Luhnow named Astros general manager
Cardinals perspective by Derrick Goold