What's going on with ANACS and ICG?

I've been trying to follow the mess at ANACS and ICG over the past month or so but haven't been able to paint an entirely clear picture. What I did manage to determine was that those that had been in charge of ICG decided to leave it, buy ANACS, fire most of ANACS staff and relocate it to within two miles of ICG's headquarters. Then ICG hired most of the previous ANACS staff (those that wanted to relocate). I won't say too much more because I'd probably misstate something but I was thinking about the hobby's perception of these two companies. Most dealers, either correctly or not, view NGC and PCGS as the top two grading companies, followed by ANACS and ICG (respectively). I'd always given both companies the benefit of the doubt since I didn't want to buy into hype that only two companies were capable of accurately grading coins. Now I must put out this disclaimer, I don't send my coins off to be graded. Funds are tight and if I have no plans on reselling in the near future, I'd rather put my money towards new acquisitions than just grading the old ones. BUT, this latest move (however you want to classify it) makes me cast a lot of doubt on them. Especially since there are ongoing disputes. ICG is suing several of its former employees for breach of non-compete contracts. With this in mind, if I were to send in coins to be graded, I'd probably pass both of them over and send them to NGC or PCGS. The bait and switch at ANACS/ICG is incredible when you think about it. If anyone has a clearer picture, please feel free to share it with me!