Walked in to Ace Hardware yesterday and saw a display for Craftsman tools. I don't know how extensive the collection will be, but it's good news for anyone who's closer to an Ace than a Sears.
I have lots of Craftsman hand tools and I've only had to use their lifetime warranty once. I've never been a fan of their power tools, but their hand tools have never let me down.
(before you state the obvious... that one occasion was the result of me being stupid, not a defect... but they still honored it.)