I expect the government to be shut down over the weekend, with either a CR in place for Monday to cover the week, or there'll be a deal at the last minute on Sunday night with the House conveniently ignoring their 3 day rule. Government offices may be closed on Monday, possibly Tuesday, but open by Wednesday.
That way everybody can say they fought hard, the TPers get the bone thrown to them by the shutdown, and we get on with the real work.
The TP, BTW, will have this albatross hung around their necks. As I said before, the story line has already been seeded. Nobody will look good, but at this point the Dems can claim higher ground in that they gave/compromised the most. This is still ground in the swamp, but I don't believe they'll be as tarred at the Republicans. The Republicans will push as much as they can on the freshmen.
Then we line up for the 2012 budget battle. Which, frankly, is an Ayn Rand wet dream (as much as possible in reality). Unfortunately it screws a lot of people. My hope will be that there will come a reality check on those ideals as the become concrete with real ramifications. My guess is only a few people will re-examine their positions in light of that. But then we can weedle out those who think that shafting the poor is a good idea.