I found this through Instapundit.
I have read other articles on The Anchoress in the past; she is a very thoughtful and clear writer.
I just have to question the validity of this idea. Basically they are creating what amounts to Anglican diocese that will report to the Pope instead of the Queen.
What next? Southern Baptists with their own dioceses reporting to Rome?
Admittedly the Anglican Church is very similar to the Roman one- especially since Vatican II (which some put forth as the SOLE reason for Vatican II), but still the two churches have some differences of opinion and apparently Rome is now willing to allow them full communion with the Roman Church while they maintain those differences.
I'll have to cognate on this a bit more.