Honorable Way out for Musharraf
From the talk by US Senators who were on visit to Pakistan during elections, as well as the testimony by Gates yesterday, you can see an effort underfoot in the US to move away from Musharraf. At the same time, US does not want to hang Musharraf, because it will hurt US reputation in the world. Point being, Mushy was a US front-man, and if he had to leave under humiliating circumstances (like the Shah of Iran), dictators around the world who are deemed friends of US, will shake their heads and think many times before towing US line.
Its safe to assume, that in the famous Allah, Amreeka, Army troika, Amreeka is about the only one right now who is still backing this dead horse (no pun intended). Allah is not interested and Army, by all accounts, threw PML(Q) in front of the bus on February 18th.
So, here is what I believe will be an honorable exit for Musharraf. No, its not resigning right away. Its not impeachment. None of them give him a graceful exit.
What is likely to happen (personal opinion, of course) is a secret deal. Under which the parliament will be called in session. New government will be formed with Amin Faheem as Prime Minister. PML(N) will support the government but will not be in the cabinet. Supreme Court will be reinstated, but delaying tactics will ensure cases against Mushy are not heard right away. And within 4 to 6 months, there will be a serious medical crisis (heart attack or some thing), and Musharraf will leave his position to move to US for his medical treatment. His son already lives in California. Chairman Senate will take over temporarily and new Presidential elections will be called. Supreme Court cases against Mushy's eligibility for President will become moot. This will provide Musharaf an opportunity to make an honorable exit from Pakistan. It will rid the country of Musharraf, which is a critical demand by PML(N) and apparently majority of people of the country. And most importantly, no one loses face. Win-win all over.