Well, after all that, the proposed terms for the WGA-AMPTP settlement are now posted:
THE TENTATIVE DEAL
The link above sends you to the WGA site where you'll find a rather unassuming 4=page PDF of the critical terms of the proposed settlement.
Is it the shining golden Holy Grail of great deals for writers? No—not even close, really—but neither is it the total screw-job the Alliance seemed hell-bent on delivering early on, either. It seems pretty squarely in the middle ground between what the writers wanted and what the studios wanted, so now both sides will have militant elements screaming that "we got screwed!" and more moderates saying "meh, we can live with this—let's get back to work, already."
They say that in a good negotiation, neither side gets to claim victory. Using that standard, this seems (potentially) a good negotiation.
If you're going to the membership meeting tonight in LA or NY, Godspeed, bon chance, good luck, and may the Force be with you. I expect it will be a long loud and exhausting affair.