Nick Lachey & Jessica Simpson - So Over!

Via TeenMag - Finally!! After endless months of neverending tabloid speculation, Jessica Simpson and Nick Lachey have announced that they are separating after three years of marriage. "This is the mutual decision of two people with an enormous amount of respect and admiration for each other," states the tuna friendly pair in a publicist released statement.

"After three years of marriage, and careful thought and consideration, we have decided to part ways. This is the mutual decision of two people with an enormous amount of respect and admiration for each other. We hope that you respect our privacy during this difficult time."

There was no immediate word on whether a divorce was in the offing. But, on Monday came word that Nick is developing a WB Network sitcom in which he would play a famous baseball player trying to navigate a new marriage.

So what are your thoughts? Is Nick better off? Jessica better off? Will they get back together?