Lambeth Conference of 1888
Resolution 11
That, in the opinion of this Conference, the following Articles supply a basis on which approach may be by God's blessing made towards Home Reunion:
(a) The Holy Scriptures of the Old and New Testaments, as "containing all things necessary to salvation," and as being the rule and ultimate standard of faith.
(b) The Apostles' Creed, as the Baptismal Symbol; and the Nicene Creed, as the sufficient statement of the Christian faith.
(c) The two Sacraments ordained by Christ Himself--Baptism and the Supper of the Lord--ministered with unfailing use of Christ's words of Institution, and of the elements ordained by Him.
(d) The Historic Episcopate, locally adapted in the methods of its administration to the varying needs of the nations and peoples called of God into the Unity of His Church.
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If they really mean it, then yes, they have "caved" - or, rather, they have returned to the historical Anglican faith.
Too little, too late.
In the affluent Johnson County, Kansas suburbs of Kansas City, the largest church in the diocese of Kansas has had its Vestry and Clergy vote to withdraw from the ECUSA and forced an agreement from the Bishop.
The Bishop agreed to let them "buy" their own church with a mortgage they obtained. (Now they've paid for it twice.)
The Bishop claims that the terms of the withdrawal means they can't call themselves Episcopal, or even Anglican.
How does he make that claim?
He knows that under the terms of the latest Anglican meeting that the other branchs of the world Anglican community can't come to the aid of and join communion with such churches.
They are wording the above strongly enough to buy time while they punish finacially those strong enough to try and leave the ECUSA. Their success is more likely if they can take advantage of the lack of outside communion and unity for churchs, individuals and conservative dioceses.
Its a damn shame that their politcal and cultural power grab to force orthodox christians from their midst was posited on the backs of homosexual people that are in many cases the least offensive of that disordered group.
Those of us that have been mainline ECUSA members certainly aren't able to be labeled homophobic, the church in general is known as being welcoming to homosexuals.
What it is no longer welcome is orthodoxy.
Despite a wealth of friends in Christ and friends in general, the ability to feel accepted and in worshipful communion with the congregation is gone.
The only thing the Bishop will sincerly miss is my money.
They haven't caved. If you start to pick at the statement, you find that there's not much there. What concessions they have made, seem to be guided by a desire to "stay in the club," more than any true repentence.