The potential in the vicinity of the stationary points on the surface for the decomposition of ground-state vinoxy and acetyl radicals has been calculated using the RQCISD(T) method extrapolated to the infinite-basis set limit. Rate coefficients for the decomposition pathways of these two radicals were computed using the master equation and variational transition state theory. Agreement between our calculated rate coefficients for H + CH2CO <-> CH3 + CO and experimental data is very good, without the need for empirical adjustments to the ab initio energy barriers. Multireference configuration-interaction calculations indicate two competitive channels for vinoxy decomposition, with the channel leading to H + CH2CO being preferred at photodissociation energies. However, at typical combustion conditions, vinoxy decomposes primarily to CO and methyl. In contrast, decomposition of acetyl shows only one decomposition channel, leading to CO and methyl. The implications of a low-lying exit channel for the calculation of theoretical rate coefficients are discussed briefly.