Thus commenced the rolling of eyes. Although, thankfully, there wasn't a lot on the blogs I regularly hit. So with limited info, I'll share what I've got:
Essentially, it was designed as a show to impart the impression of bipartisanship by letting everybody talk, even if the discussion will be ignored. The GOP came with their oft-ignored ideas, and a whole bucket of principle (finally). The Dems came with the same plan they couldn't get through so far (and not much else). So the back and forth began.
It was 7 1/2 hours of people who can't solve shit not solving shit. But, on the plus, there were differences. The Dems ran through the exact same lines as before, with nothing new, and no explanation how their plan wouldn't turn into another government debacle and a budget-sucking hell. The GOP, despite their numerous prior failures, Proved they had a grasp of the Dems plan, as well as their many ideas.
In the end, it was a Win for Obama in that he can say he was bipartisan and transparent. It was a Win for the GOP in that they manged to prove that they had plans as well and weren't just screaming no. It was not a win for Dems in general, because they didn't really gain anything. And it was a Win for America, because this didn't change the equation in the debate over destroying health care. And while this will mean that nothing may be done (which is not necessarily good thing), it will be better than taking us down the road to worse health care for all.
Next week, Obama will be laying out "the way forward" on destroying health care. I say destroying, because with absolutely no agreement, it's going to be a version of the Obamacare we've already seen. And the nuclear option, AKA reconciliation is expected as a tactic to ram it through. So it's going to fall to reelection pressure brought to bear on the people who may or may not pass this. In that, I have no say, as I have a rep who will vote against no matter what, a senator who will vote for it no matter what, and an idiot senator who might (but probably won't) because he's not seeking reelection. So it may be a toss up.