Clinton nets 24 pledged delegate votes in a compromise over Florida and Michigan that seats the entire delegation from each state but gives their delegates only half a vote each. The proportions allocated to Clinton and Obama are based on the results of the flawed primaries. Since Obama wasn't on the Michigan ballot, the "uncommitted" votes are awarded to him. Supers are also seated with half a vote each, but they can vote for whomever they like. Seems reasonable.
I didn't watch any of the coverage, so I can't say how it looked on teevee. From reading about the behavior of the Clinton supporters inside and outside the meeting, I would say - they're not helping their candidate.
Update: Clinton campaign says nice things about the compromise, except they're upset about four Michigan delegates they say should have been awarded to Hillary, not Obama. Four delegates with a total of two votes won't change anything, so implicitly it's over. Ickes says they'll go all the way to the convention over the four delegates, which I think is true. I think that the issue over the four delegates was probably created to give the Clinton people something to hang onto. Hillary does want to play a role at the convention, not as a spoiler, but as a champion of her supporters. Look for her to get a prime speech slot in Denver. Once Obama is the nominee, he'll agree to seat the full delegations with a full vote anyway. Hillary can take some credit for causing that to happen. Win-win.
The question that occurs to me, then, is whether this means Clinton won't concede, or will concede with the caveat that she's going to fight to get the "correct" Michigan allocation. I guess endorsing Obama and campaigning on his behalf is out of the question until September.
Update 2: As a reminder, here's the timeline of the events that led up to this.