http://www.foreignaffairs.com/ARTICLES/67351/joshua-stacher/egypts-democratic-mirage?page=showDespite the tenacity, optimism, and blood of the protesters massed in Tahrir Square, Egypt's democratic window has probably already closed.
Contrary to the dominant media narrative, over the last ten days the Egyptian state has not experienced a regime breakdown. The protests have certainly rocked the system and have put Mubarak on his heels, but at no time has the uprising seriously threatened Egypt's regime. Although many of the protesters, foreign governments, and analysts have concentrated on the personality of Egyptian President Hosni Mubarak, those surrounding the embattled president, who make up the wider Egyptian regime, have made sure the state's viability was never in question. This is because the country's central institution, the military, which historically has influenced policy and commands near-monopolistic economic interests, has never balked.
As the headquarters of the ruling National Democratic Party burned to the ground, NDP members chaotically appeared on TV with a pathetically incoherent message; meanwhile, the message from the ruling military elite was clear, united, fully supportive of Mubarak, and disciplined practically down to a man. Indeed, this discipline could be seen throughout the military ranks. Despite the fact that a general with a megaphone stated his solidarity with the protesters while other protesters painted "Down to Mubarak" on tanks across central Cairo, no acts of organizational fragmentation or dissent within the chain of command have occurred.
Much more at the link. Very thought provoking and IMHO accurate summary of the situation from the government playing good cop/bad cop to the role of the military and risk for an even more oppressive outcome to all this. Did the protesters miss their opportunity?