Apparently he's on a three year contract, and both he and Chief Exec Gethin Jenkins stated that the objective was to be competing at the top of the Championship, and Jenkins confirmed that there was money to spend, although stopped short - with a smile - of stating exactly how big the pot was.
At last, Cardiff City can move forward, and given the view that competing at the top = pushing for promotion, not doing a "season of rebuilding" (although obviously some element of rebuilding is imperative) and accepting mid-table mediocrity, expectations will no doubt start to build.
I'm pleased. As I've stated on several occasions, Mackay wouldn't have been my first choice, but perhaps I didn't know enough about him. I've warmed to the prospect over the last few days, and genuinely wish him all the best in his challenges - of which there are bound to be a few.
On another note, City's new season kit was unveiled today, and what do you know? We're not being sponsored by a company. We're being sponsored by a whole country! How amazing is that?
Blimey. All of a sudden, things are looking up.