Hooray for Hollyweird! Famous Hollywood Sign In Danger

Apparently the famous Hollywood sign is in danger of destruction by development.  This is the sign made of 45 foot high wooden letters, painted white, that was constructed for advertising back in 1923.  Various parties are trying to raise funds to save the sign by purchasing the land around it.  I hope they succeed -- I am in favor of historical preservation.

However, based on new "truth in adverstisng" laws, it is rumored that the sign will now appear as depicted below.