Dear friends:
I hereby resign as editor-in-chief of Nupedia and I also hereby give up any position of authority I had with Wikipedia; assuming particularly that funding will not be able to be found for the position of Nupedia editor-in-chief (see below), I don't intend to work on either project any significant amount within the next few months, and very possibly ever.
I know that we've hardly been on the best of terms, but I want you to know that I'll always consider you one of the the most important Wikipedians, and I hope that you'll always think of yourself as a Wikipedian, even if you don't have much time to contribute.
Herding cats ain't easy; you did a good job, all things considered.
--the cunctator