I don't have much to say about the recent news regarding the Franciscan Friars of the Immaculate - you can find commentary over at Rorate Caeli, Fr. Z's blog, and the Mary Victrix. There has been some consternation among traditionalists, and I am posting this piece by Roberto de Mattei, published at The Eponymous Flower, as he may be the best spokesman for the traditionalist concerns and viewpoint: Roberto de Mattei: Franciscans of the Immaculata Models in Situation of Liturgical, Theological and Moral Anarchy.
The Vatican and the Franciscan Friars of the Immaculate by Michael J. Miller
Francis Has Not Contradicted Benedict’s Reforms, Say Franciscans of the Immaculate