El Reg has a story up on it now.
He was initially arrested and charged with jumping bail, so could get up to 12 months in a UK prison for that and was then arrested again for the US extradition request.
I found this statement interesting:
According to the indictment, Assange faces a maximum of five years in prison if convicted of the charge.
The Reg makes it sounds like 1 year in UK jail, then up to 5 years in a US prison. Maybe they’ll do that to make the statement - if you hadn’t of hidden away you would be a free man now…
I honestly thought the US wanted to lock him up for life?