[TLI]

I make no claims as to whether the earth has "flipped" or not. I will point out that the earth is essentially a gyroscope.

Yes you are correct.  The point that most seem to be missing is there are two potential events being discussed here...

1. Actual physical changes in the rotation character of the entire planet.

2. A change on the magnetic field of the planet.

One would be catastrophic, two would be a nuisance but not "earth shattering."   Since the magnetic poles are established and maintained by the interaction of the solid inner core and the fluid outer core, changes occurring there, (flow rate/direction, inner core rotation speed, etc) would have little effect on the physical rotation of the entire planet. 

Essentially, Item two does not cause item one to occur..

[Robert A Cook PE]

http://geography.about.com/gi/dynamic/offsite.htm?site=http%3A%2F%2Fwww.geolab.nrcan.gc.ca%2Fgeomag%2Fe_nmpole.html

Interesting point:

In 50 years, at the current movement of the magnetic pole (NOT the physical (rotational) pole!), the magnetic pole will have left Canada (now north of Hidson Bay); crossed the Artic Ocean and be north Siberia.

But the magnetic deviation for Atlanta would hardly have moved at all. For New York, Newfoundland, North Europe, or Korea - It will have moved almost 20 degrees.