It's far from over. Teams and Mosley will meet on friday, plus there's a high possibility of FIA + FOM vs Ferrari + Red Bull lawsuits, but i like what FOTA is doing. Crisis is a perfect time for major investments, doesn't matter if teams oppose the new rules, FIA constantly changing regulations as a "method" or perhaps Bernie moving races around all the time, they may simply want to keep 100% of the revenue, instead of the current 47%.
I am, however, surprised FOTA already announced a breakaway championship. It almost looks like they had the "option" cooking for weeks or even months, simply waiting for a final excuse to pull out of F1, unless all their suggestions would've been accepted by FIA. What they lack, however, is a "King". FOTA has great managers, engineers, drivers, but one person is needed to keep a strong, impartial, mostly unpopular foot on everything, Jean Todt any1?
It seesm FOTA knew what they were doing. TheTimesOnline posted "Share your thoughs on F1 Breakaway", 38/40 said they were on FOTA side and will watch the series, 2 said they were tired of all the politics and want some races, so there's 95% retaining of F1 ratings.