After a day of online media working themselves into a delirious expectation of Mubarak’s immanent resignation based off of two small and somewhat ambiguous statements from an NDP official, Mubarak today did what he has already done several times — during a long-delayed speech he testified to his love for Egypt, promised to die in Egypt, discussed constitutional arcana, and claimed that he had already met the demands of the youth. Only at the end did he say he sees the need to delegate his powers to the Vice President. Transcript or video speech forthcoming.

The mood in Tahrir square has shifted from elation to fury.