I'm talking about Moneywatch, CBS's upcoming personal finance site, due to really launch in Spring 2009. Why CBS chose to announce it a couple of months earlier? Maybe they fear that the recession (and thus heightened interest in personal finance) will end very soon (ha, ha) and they'll lose momentum for this thing.
In any case, the Moneywatch.com is currently mostly greyed out and consists of a preview video (which you can see below) and a short notice that "this is the future home of Moneywatch."
Editorial director of the site will be Eric Schurenberg, the former managing editor of Money Magazine. As far as what the site actually will contain once it launches, we have no choice but to believe Sean McManus, president of CBS News and Sports, when he says "MoneyWatch.com fills a need at CBS for a trusted brand around personal finance and we look forward to working with the team to incorporate the MoneyWatch.com content and editorial experts into our programming to bring critical and useful financial advice to our viewers." Yeah, more on that when we can check it for ourselves.