As for "Where does this leave my favorite SSPX bishops?"
There will still be PLENTY of people who want the whole Catholic Faith AS WELL AS the traditional Latin Mass (TLM).
I not only want the traditional Mass and Sacraments, but I want good Catholic sermons, and no compromise with Modernism. The SSPX will be as necessary in 1 year (well after the new Indult is promulgated) as it was 10 years ago.
The Indult is good on the way "up" -- as one discovers tradition -- but it's a bad stop on the way "down" -- after one has discovered the SSPX and the fulness of Tradition.
Most Indult places I've seen, read, or heard about are more or less trying to recreate the cosy warmth of 1950's parish life. The problem is, 1950 was only 12 years before Vatican II! So the rot was already there; Vatican II only brought it to the surface and concentrated it.
The 50's were not that great. In the SSPX we learn about all the errors of the modern world, which brought us to this mess. We need to solve the basic problems (rejection of Christ the King, religious liberty, liberalism, modernism, rationalism, etc.) before we can hope to cure the symptoms we see all around us.
The only good thing about the upcoming Indult -- if it indeed does any good (if any priests take advantage of it) -- is that it will make that many more TLM's available. That will bring down many more graces, which we could really use.
It might be a baby step, but it's nowhere near the end of the Crisis in the Church.
In Christ,
Matthew