Primates Meeting Communique
-Note that what is referred to as the "Schedule" in Paragraph 35 begins after Paragraph 37 at the heading "Recommendations of the Primates."
An Anglican Covenant, Draft prepared by the Covenant Design Group, January 2007 (pdf)
Covenant Design Group Report and Covenant Draft Text (pdf)
Gledhill also breaks the story that Jefferts-Schori has been elected to the Standing Committee. daily episcopalian clarifies what that means.
As to the Communique, I'll let others masticate on it before I jump in.
A roundup of links to initial reactions here from titusonenine.