For those of you who don't follow Rorate Caeli and the sources it links to regularly on the question of the Priestly Society of St. Pius X's final regularization, here are a few points:
1. The CDF/Ecclesia Dei Commission has been in talks with the SSPX for a few years now.
2. The CDF gave the SSPX a preamble to ponder and with which to agree. There was back and forth as things were clarified and so on.
3. The SSPX was given until April 15 to state its final intention regarding the preamble. Some interpret this as an ultimatum, but it read more to me as a due date.
In any case, that date has come and gone and now there is a lot of talk that regularization is imminent due to private letters being submitted, etc. Since I don't care to get caught up in all the echoing of news, rumor, and gossip, I haven't said anything on this. What will happen will happen according to God's will. However, if it dues turn out to be true and the SSPX is coming in with all or most of its following, this is a very very good thing. People have been talking about how this is the SSPX's last chance given Benedict has been so friendly and the next pope isn't likely to be there with an outstretched hand.