Looks like a deal has been reached. This will drive many of my fellow conservatives nuts, but based on the AP report's summary of the deal, this looks like decent compromise legislation to me. It looks like both sides walk away from the bill without some things they dearly wanted, which is frankly a good sign. I'll withhold further comment until I see the whole thing.
Update: I am quickly falling out of love with this legislation. Here's a summary of some things wrong with it. Yes, I am a Romney supporter, but I'd be troubled by these problems even if I were not.