Rorate Caeli has has provided another update - perhaps a little more positive in tone than we might have expected, but not what one might have hoped for. Here it is:
"The Superior General of the Priestly Fraternity of Saint Pius X (FSSPX / SSPX), Bishop Bernard Fellay, granted today an interview to Gino Driussi, of RTSI (the Italian-language Swiss public radio), providing some very enlightening answers:
[17:45][Fellay:] Perhaps it is false to say, in such a way, directly, that I reject, that I propose a total rejection [of the conditions], that is not true. Rather, I see in this ultimatum a very vague, confused thing. But, in fact, I have already written a response and we will see how Rome will react....
[18:53] [Fellay:] For me, this ultimatum has no sense, because we have relations with Rome which go forward in a certain speed, which is truly slow. And it is true, on the other hand, that both the Cardinal [Castrillón Hoyos] and the Holy Father would wish for a rather accelerated speed. For me, the only meaning of this ultimatum is the expression of this desire of Rome to give it a little bit of hastiness. And for me it is not a reconsideration of all our relations.
[Interviewer:] "Then, you expect to continue in the dialogue, thus?"
[Fellay:] Yes, yes, it is possible that there will now be a time of more, of coolness, but, frankly, for me, it is not over, no."