A lot of people seem to think that the outcome of the situation in Egypt depends on what role the Egyptian military takes, and who they back. Here is an interesting article about this issue, from Al Jazeera.
To be honest, I don't even know enough about this to have an opinion (how unusual) but I thought it was a good read.
Update: No good deed goes unpunished, of course:
"Egypt Shuts Down Al Jazeera Cairo bureau."