Wow, Boehner failed to get the votes for his bill. That's a pretty strong statement of the lack of confidence in the Speaker. Most of the movement now appears to be going on behind the scenes, so we're not really going to know what's going on until a bill is signed and staffers dropping hints to their sides' blogs and stuff.
If I had to guess, though, I'd say that Obama and Reid are going to publicly announce their opposition to whatever agreement is finally drawn up so Boehner can sell it to his caucus. This is because his caucus is full of complete ruttin' fools who refuse to vote for anything, even their own positions, as soon as Obama signs on.
So some kabuki is in order. It's just hard to tell when Boehner and Obama are really fighting and when they're just playing at it.