Not a bad summary of the situation.
Had I written the article, I might have made a few more observations, such as:
1) Neither Rome, nor Bishop Fellay, seems concerned with removing the unjust and invalid excommunication of Archbishop Lefebvre which justice demands. Apparently Luther can be rehabilitated, but for Archbishop Lefebvre, anathema sit!
2) BXVI has basically wanted to direct the "reform of the reform" to arrive at the 1965 Missal (which is an abomination), but would have done so over a period of 10 years, gradually. How is he any different than Cranmer, per Michael Davies' "Cranmer's Godly Order?" Both are destroyers and deceivers.
3) And finally the obvious: Any agreement without doctrinal unity is superficial. We are of different religions laying claim to the title Catholic. But once a deal is struck, what precedent can be cited by proponents of "reconciliation" that tradition without concession and compromise can be maintained. Has a deal with the devil ever worked out for the better?