The rumor from years ago on this forum seemed pretty credible and the arrangement to replace COs with locals seemed pretty logical. We shall see what we shall see. I am wondering what they will announce this Saturday at the annual meeting.
COs act as enforcement between the Branch and the local body of elders, I do wonder how they would maintain the same level of control of circuits without them.
I suppose since the advent of the Internet, much communication that used to need COs and now defunct DOs in the past can now be handled online.