With Reed Hundt’s resignation official, it’s time to handicap the front-runners to replace him as FCC chairman.Susan Ness FCC commissioner Pro: A female candidate with three years of FCC experience, she is a friend of Hillary Clinton. Con: She is closely tied to Hundt’s controversial reign as chairman. William Kennard FCC general counsel and FCC commissioner nominee Pro: He is a minority who is well-respected in the industry. He was nominated by the White House to fill a Democratic vacancy. Con: Headed division which unsuccessfully defended portions of Telecommunications Act thrown out by courts. Kathleen Wallman White House economic adviser and former FCC staffer Pro: A female candidate with close ties to the White House, who has recently been lobbying on her own behalf on Capitol Hill. Con: Those same close ties to the White House and Hundt.