It seems Mubarak intends to stay. Yet he says he's asked the government to resign and there'll be a "new government" tomorrow. A new government presumably with Mubarak still at the helm. It's the same old government with the same old legislators only with a cabinet shuffle.
This guy is a joke. He went out of his way to absolve himself from his very own tyranny as though it was all someone else's doing. Amazing.
Now it remains to see what the army will do. The protesters are bound to be infuriated. The police have lost the ability to suppress them. Will the army be willing to turn on their own people? It's going to have to turn on somebody. This could get very ugly.