What is Muhammad Mursi's plan? It is difficult not to take him at his word - that the powers he seized under a set of decrees last Thursday which greatly enhanced his power and prevented the judiciary from challenging any action he might take - would be dropped when a constituion is finalized (now extended from the end of December to the end of February). However, the make-up of the Constituant Assembly is heavily weighted toward the Muslim Brotherhood.
Keep in mind that many secularist and Christian representatives have resigned from the Assembly which is drafting the new constitution. Despite Mursi's attitude of inclusiveness, which even if true is not what his party believes, the risk that a liberal, pluralist and inclusive society will not arise seems to be more likely than before. Consequently, the constitution may eventually be so non-inclusive and religiously oriented that almost 50% of the country will be subject to a loss of rights that it expects.
In the meantime, the key decree, at least for me, is the one that says the president may take any steps he feels necessary to preserve the revolution, or national unity, or the country’s security. Coupled with the other decrees preventing the judiciary from questioning or dissolving the Islamist dominated Constituent Assembly or upper house of Parliament, these decrees are a recipe for a potential disaster between now and the end of February.
Mursi's margin of victory was slim, to say the least. If half the country believes that the revolution is under threat and that the constitution is one-sided, under the circumstances of the Egyptian environment, the much wished for stability could rapidly circle the drain.