The tentative agreement between CFA and CSU is good news. It's good news, obviously, for faculty: we're tentatively getting raises we deserve, and tentatively won't have to go on strike. It's good news for the CSU administration, because a strike by faculty would be embarassing, especially given how much political pressure and scrutiny they're under. It's good news for students, because classes won't be interrupted, and because CFA didn't accept the ridiculous offer the CSU made, which was contingent upon CFA not speaking against student fee increases. CFA remains able to advocate for students and the good of the university.
Someone on the Lecturers Council conference call last night ut the matter well: this is good news not only for us, but for a public that has become more and more disaffected, been treated to ever-increasing exploitation and disenfranchisement by hierarchical power. The good news is: collective action works.