WebProNews

As was pointed out on the great DraftFredThompson.com Website... there's no difference between an exploratory and testing the waters phase... this is according to the FEC...
http://www.fec.gov/pdf/record/1999/aug99.pdf

Organizing a Testing-the-Waters
Committee
An individual may organize an
“exploratory committee” or “testing-
the-waters committee” for
exploring the feasibility of becoming
a candidate. Such a committee
is not considered a political committee
and does not have to register or
file reports as long as its activities
are limited to testing the waters and
it does not engage in campaigning.
The name of the committee, and
statements by committee staff, must
not refer to the individual as a
candidate. For example, an exploratory
committee could not be called
“Sam Jones for the House,” which
would indicate that Jones had
already decided to run for federal
office. Instead, the committee could
be called “Sam Jones Congressional
Exploratory Committee.”

So I guess this article could be renamed... "WebProNews doesn't know FEC"

FDT 4 POTUS