I wonder if Abp.williams realizes he just repudiated women in the priesthood by the following statement?
"We have claimed to be Catholic, to have a ministry that is capable of being universally recognised (even where in practice it does not have that recognition) because of its theological and institutional continuity; to hold a faith that is not locally determined but shared through time and space with the fellowship of the baptised; to celebrate sacraments that express the reality of a community which is more than the people present at any one moment with any one set of concerns. So at the very least we must recognise that Anglicanism as we have experienced it has never been just a loose grouping of people who care to describe themselves as Anglicans but enjoy unconfined local liberties. Argue for this if you will, but recognise that it represents something other than the tradition we have received and been nourished by in Gods providence. And only if we can articulate some coherent core for this tradition in present practice can we continue to engage plausibly in any kind of ecumenical endeavour, local or international."
In fact, however, Rowan++ is moving very quickly, and with a very definite direction in mind. This makes twice now, where he's been uncommonly clear in naming the issues, and the difficulties that will have to be addressed in solving them.
I would be very surprised if a detailed "Covenant" structure wasn't available within a few months (which isn't at all long), and that Lambeth '08 will mark the official beginning of it, rather than the predicted gabfest.