State Department Official: ".. The problem is this is not clear to the Egyptian people, their judgment is what counts.."

"..."The problem is not what we heard - if you look deep inside the speech, it appears there is a real transfer of authorities," a State Department official later said. "The problem is this is not clear to the Egyptian people. Their judgment is what counts."....
Several analysts suggested the protracted power struggle would likely come to a head in the coming days, and warned it could be a violent one.
“It’s hard for me to see how this continues for more than 12 to 36 hours,” Marc Lynch, a Middle East expert at George Washington University, told POLITICO Thursday, suggesting that there could be either a Tiannamen-type crackdown on the protests, or “a tidal wave” that storms the presidential palace. “One way or the other.”...
“At this point the Egyptian military have very narrow choices – either they do a coup d’etat against Mubarak, or they break their word and use more force against the demonstrators," Cohen said, suggesting the military would probably judge it not in their interest to do the latter.
It's "hard to believe Mubarak would make the speech without making sure the military/presidential guard was still loyal," the Council on Foreign Relations's Steve Cook told POLITICO. "If all hell breaks loose, though ...," he added, not finishing the sentence...."