Again, in the Catholic Church, the Magisterium must always exist. It is held by the Church (Bishops) during legitimate interregnums and these Bishops must be visible but no sede can respond who and where these Bishops are. Without these Bishops (or the Roman Clergy), there will be no possible way to elect a new Pope via an imperfect Council so sedes bite their own tail.
But this Magisterium (of Newchurch) only exists materially. They're valid bishops, but since they're heretics and unfolding apostates, Catholics are obligated
not to follow them. Christ
always allows those in sin a way back to Life (Him), should they repent. The same goes for Newchurch. The episcopacy is materially in effect, which allows the eclipse of the true Faith / Church to be removed if this same Magisterium rescinds Vatican II and the novus ordo mass, and converts to the true Catholic Faith. However, we know Christ warned us that when He returns, will He find Faith? And Our Lady of La Salette told us Rome will lose the Faith. All of this can be postponed, indefinitely, if people, including Newchurch, convert to the Faith, but it's unlikelyly, due to the fallen nature of man and the human condition. Souls can still be saved through prayer, penance, charity and fasting, but at this point, it will be individual cases. The collective Newchurch, and humanity, is at a point of no return, in my humble opinion.
This is why sede
privationism is the best explanation of, and response to, the Crisis in the Church. :cool: