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O'Brien says he will leave, rather than be bumped back:

In a statement Tuesday afternoon, Mr. O’Brien said, “I sincerely believe that delaying the ‘Tonight Show’ into the next day to accommodate another comedy program will seriously damage what I consider to be the greatest franchise in the history of broadcasting. ‘The Tonight Show’ at 12:05 simply isn’t the ‘Tonight Show.’”

On Sunday night's Simpsons documentary O'Brien said, jokingly, he'd be happy to be paid $1 per year plus red wine to live out on a villa and just dream up weird things for Mr. Burns to do. Well, if the worst happens, that's a pretty good consolation...

Bang on wizard.