The story began as a battle between the British Fra' Matthew Festing and a German, which swiftly turned into Fra' Matthew versus a lot of Germans and thus, surprise, surprise, the Pope.
Result: Fra' Matthew resigns.
As usual, Ed Pentin fills in the gaps.
What does this mean for ordinary Catholics? Well, I imagine there will be a lot of hand-wringing among Catholics who enjoy hanging onto the cloaks of the Knights of Malta, running errands, fetching the coffee, etc. There will also be a lot of talk on the blogs about the autocratic nature of the Supreme Pontiff. Hilary White's theory of "It's a purge" will get a lot of screen time. This is, after all, one more in a wave of "resignations" of the orthodox from Catholic institutions during the past four years.
But what the trickle down effect will be, I do not know. I suppose what we do is carry on with daily prayer, weekly Mass (at least), frequent examination of conscience and confession, respect for the sacraments, reflection on the Scriptures, and self-education with the vast library of works by saints (including Saint John Paul II) on the Catholic faith. If you wish to marry, be rooted in reality about yourself, the other party and the perennial difficulties of marriage. If you are married, get all the help the Church offers, if you need it, to live a chaste married life. If you are in a state of mortal sin, walk away from whatever is keeping you there, ask around for an orthodox priest (if you don't know one), and go to confession.