Pope Benedict XVI Will Have To Give Up Red Shoes, Shoulder Cape

Pope Benedict XVI had his final general audience Wednesday in front of a crowd of thousands. On Thursday, he leaves the papacy and becomes "Pope Emeritus". It's a brand new position and there are a lot of questions. What will he wear? Where will he live? How will he fill his time? Melissa Block speaks to long time pope watcher Rocco Palmo, editor of the website "Whispers in the Loggia."