Rorate is carrying the latest report on the SSPX courtesy of Andrea Tornielli:
The response of the Society of Saint Pius X has arrived in the Vatican and it is positive: according to the informal information gathered by Vatican Insider, Bishop Bernard Fellay would have signed the doctrinal preamble that the Holy See had proposed last September as a condition to reach full communion and canonical regularization.
An official confirmation of the received response should take place in the next few hours. From what has been learned, the text of the preamble sent by Fellay proposed some non-substantial modifications regarding the version delivered by the Vatican authorities: as it may be recalled, the same Ecclesia Dei Commission had not willed to make the document (of [only] two, yet complex, pages) public, precisely because the possibility remained of introducing eventual small modifications which would not, nonetheless, distort its meaning.
The preamble contains, subtantially, the "professio fidei", the profession of faith [Rorate note 1] required of those who are put in charge of an ecclesiastical position. And it thus establishes a "religious submission of will and intellect" be given to the teachings that the Pope and the College of Bishops "enunciate when they exercise their authentic Magisterium", even if not proclaimed and defined in a dogmatic sense, as in the case of the greater part of the magisterial documents. The Holy See has mentioned repeatedly to her partners in the Society of Saint Pius X that signing the doctrinal preamble would not mean putting and end "to the legitimate discussion, study, and theological explanations of specific expressions or formulations present in the documents of the Second Vatican Council."
The text of the preamble, with the modifications proposed by Fellay, and signed by him as Superior of the Society of Saint Pius X, will be presented to Benedict XVI, who, on the day following his 85th birthday and on the even of the seventh anniversary of his election, receives a positive response from the Lefebvrists. A response long expected and desired by him, who, in the next few weeks, will put an end to the wound opened in 1988 with the illegitimate episcopal ordinations celebrated by Archbishop Marcel Lefebvre.
I haven't really appreciated Tornielli's reporting on this matter, especially his use of the term "Lefebvrists," but we feel that we're supposed to help get the word out on these things. Besides, this is good news. We need more of that these days.