From Sebastian's Blog:
Today's the last day of the Axel and Leslie Show, featuring Sebastian, Jamie, and Debra. Next week is a special blend of retrospective shows featuring the person synonymous with retro in Atlanta. After that, I have a faint inkling of the future. I know it will be Super Delightful, but I don't know how much they'll want my input, or if I'll want to remain under the potential content requirements.
Update September 22, 2006, 7:54 AM
Here's audio of Axel and Leslie talking about it (433KB, 1:53). The implication is clearly that Leslie will remain a part of the new morning show. Axel will be returning to afternoons on Monday.
Update September 22, 2006 9:31 AM
Sebastian emailed to clarify his blog, writing: "I don't have any special inside knowledge, and 'content restrictions' was just a jab at myself for my generally needing to be reigned back in anything I do publicly."
Update September 22, 2006 6:06 PM
Sebastian took down his blog so I'm removing the link. I also cleaned up my last update.