I don’t know about immediate resignation, but I suspect Reid will resign at the end of his term. He’s a millionaire several times over (nice land investment there, Harry), he’s 74, and there’s not much left for him to do.
I also suspect he’s getting very tired of flacking for Obama. Reid’s a shifty old scalawag, but I think even he realizes Obama is incompetent.
If Reid resigns it will be an entertaining Death match between Durbin and Schumer for the Dem leadership.