Once he got his hands on the company's books, however, Murdoch pulled back from that pledge. Now, he seems committed to continue developing both the free and the paid versions online. The redesigned homepage is improved but still not optimally, with awkwardly-placed ad units and a left column that scrolls far below the rest of the content.
So, it's a work in progress. But the dynamic "Breaking News" field at the top of the homepage is an excellent feature, and the basic quality of content keeps this user coming back for more.
As expected, Murdoch views the Journal as a global brand and he is aggressively exploiting opportunities overseas. No other American-based newspaper can compete with Murdoch at this point. One example: The Journal has expanded its Latin American coverage at WSJAmericas.com, and is utilizing Murdoch's Fox International for highly visible cross-promotions over TV networks in Latin America.
Given Murdoch's major (and expanding) media footprint in India, I expect a new push there in the coming year, as well.