Pretty much what the Irish Times wrote.
Choosing what to vote was incredibly hard. The reform was awfully written, but saying no meant to give strength to despicable forces.
The idea now is to have this government until the economic laws are set and a new electoral law defined. Then, the PD (democratic party) will have the choice of either trying to form a new government, with similar alliances to this one, or to try the elections. Renzi would prefere the vote, but that doesn't mean that will happen, as the President Mattarella, who is the one who has the power of call for election and appoint governments is clearly disagreeing with the voting frenzy. Keep in mind that Italy's prime minister is not elected, but appointed by the President in agreement with both Chambers (there must be a viable political support for the Prime Minister in the two chambers), and the PD still has the complete majority in the Parliamnet and a strong dominance in the Senate.
The main problem is that the only presentable political force in Italy today is the PD. The rest is a galaxy of incoherent union of populism and ignorance, right to far-right xenofobic meanness, Berlusconi, and some residual right-wing parties made of people who have supported Berlusconi for 20 years. There is not a viable option apart from the PD, but the PD has shown to be victim of the same detachment from the people, and often from reality, that all mainstream parties are living today around Europe (and beyond).
I still support the idea that Italy, in this, is the avant-garde, the laboratory of what will happen in the rest of the western world, as it was the case in the last two decades. So what happens is crucial.