"Yes, Virginia, there is a Division" - Time Magazine calls Episcopal Church split one of the top religious news stories of the year

Time Magazine calls the Episcopal schism one of the top religious news stories of the year. Note also that it calls the "parent" of the Episcopal Church "the Anglican Communion." The article recognizes that events of General Convention 2003 had a tremendous impact on not only the Episcopal Church but the Anglican Communion and says that both are "disintegrating." However, as we know, 815 continues to say that "all is well." Guess they don't read Time. From here:

The U.S. Episcopal Church and its parent, the Anglican Communion, continue disintegrating over the issue of gay Christians. Beyond the human cost of this slow-motion implosion — sparked by the Episcopal Church's decision to consecrate an openly gay bishop in 2003 and to accept same-sex unions — the nasty split has already hatched custody battles over church property: Courts are generally being asked to determine whether the conservative parishes seceding from Episcopalianism over the gay issue can take their buildings with them — or whether they belong to the Episcopal diocese. On a global scale, the battle is among the 79 million members of the Communion, who, in a recent count, appear to be almost equally divided over whether to continue to accept U.S. Episcopalians into the international Communion. Equally divided, that is, if you're talking strictly about proportions of the Communion's 38 provinces. By another measure, a majority of believers are on the conservative side, and a majority of the money is on the liberal side. A mess.