As Al Jazeera puts it:
"Omar Suleiman, the vice-president, announced in a televised address on Friday that the president was "waiving" his office, and had handed over authority to the Supreme Council of the Armed Forces."
Waiving his office. Al Jazeera at least had the decency to put the word in quotes. And he " handed over authority to the Supreme Council of the Armed Forces."
This isn't democracy, it's a military coup. All they've done is forced out one very unpopular leader. They still hold all the governmental power. We'll see where this all leads, but I'll have to see a lot more progress before I believe that anything has really changed in Egypt.