From BGN.com

DARLINGTON, S.C. -- The old became new again in Darlington for Jason Keller. Reuniting with some of his former ppc Racing crew members, Keller and the newly revamped CJM Racing team scored two minor victories over the weekend in their Busch Series debut.  The first was to make the 200-mile event. One team would miss the field and with no points, attempts, or any other means to rely on other than speed, Keller’s No. 11 Chevrolet had to get into the field on time. And it did.
 
After starting 35th Keller worked his way through the field and at one point flirted with the top 10 running as high as 12th. Less than 10 laps from the finish Keller was 13th but lost the spot to David Ragan in the closing laps. Still, a 14th isn’t too shabby for a team – that just weeks ago wasn’t even planning on debuting for another three weeks.

Already established in the series, Keller transitioned to ppc Racing in 1998 and there he stayed until 2004. During their time together the team finished runner-up in the Championship twice.

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It was reported today during NASCAR coverage on SPEED that the #72 Nextel Cup team, owned by Brian and Tony Mullet has advised NASCAR that it will not be continuing operations to qualify for Nextel cup races and that it would be running in the Busch Series.  It was also announced that Brandon Whitt would no longer be the driver and that Jason Keller would drive the Busch car.  The team is not entered in any of the Atlanta races this weekend.

However, reports on the CJM Racing web site, Jayski.com and Motorsport.com make this about as clear as mud.

The following is a statement from co-owner Bryan Mullet at CJM Racing pertaining to the speculation/rumors regarding CJM Racing and their future as it appeared on their web site, Jayski and Motorsport: "CJM Racing is dedicated to its involvement in the NASCAR ranks.  We, as a team, are re-evaluating our position and working on a few different scenarios' that will allow us to grow and become a competitive force within NASCAR.  Contrary to unsubstantiated rumors, to date no one has been hired and the team is currently consulting with a group to determine the best avenue for success.  Sponsorship discussions are underway and future announcements are to be expected within the next few weeks."  This statement was made on Thursday and posted on the teams web site on Friday.

Previously on ThursdayJayski reported that driver Brandon Whitt, General Manager Derek White and Crew/Car Chief Doug George were no longer with the team.

Jayski originally reported on Tuesday that it had been announced to CJM team members and driver Brandon Whitt that it would be moving to the Busch Series.  The team was reported to be headed by Greg Pollex (formerly of ppc Racing), with Todd Gordon as Crew Chief and Jason Keller as the driver.

So, was the report on TV today acurate new news?  Or was it repetition of a two day old rumor?  Who knows?  Nobody Knows.  Well at least not this writer.  So stay tuned while the industry sorts this one out.

Nevertheless it does appear that some owners are seeing the light that the Nextel Cup Scene is too competitive this year and that there may be opportunities at the Busch level.  What?  An aha moment?  Haven't I been saying this needed to happen for two weeks now?  Oh well, at least it makes me look brainier, finally.

sources:

http://www.cjmracing.com/viewnews.php?03-16-07
-announcement.html

http://motorsport.com/news/article.asp?ID=2457
40&FS=NASCAR*

http://www.jayski.com/teams/72.htm