Check out David Poland's thoughts here. The directors have a deal with the producers.
And I think I join in with some of the optimistic sentiments that the Writers Guild is sure to follow with a deal, too. I heard they are going back to the bargaining table next week. Well, they have to do something, because this bleeping mess cannot go on for too much longer. Not with the 2008 pilot season in peril and the Oscar telecast facing the axe, too.
I sure hope this thing will soon be over.
UPDATE: More optimism from Cinema Blend with confirmation that talks are back on.