However, if today's New York Times article is right, and the Muslim Brotherhood is going to be banned once again - then it will put paid to the hopes of establishing a real democracy in the country. And the fact that the power cuts and gas shortages disappeared almost as soon as Morsi fell, leads me to believe that the army/secular establishment was hard at work behind the scenes to artificially create conditions that would bring a cross-section of people out into the streets. The people of Egypt have been had, I think.
A democracy that excludes the main Islamist party from public life will by definition be truncated. The coup has established a year as the time within which a government must deliver tangible improvements to be judged worthy of staying in office. And when the new government fails to deliver significant improvements - (as is likely - who can turn around a country battered by 60 years of despotism amidst a slow-growing world economy in 365 days?) - it will also lose legitimacy.
Real democracy requires allowing the Muslim Brotherhood an unfettered right to win elections (if they can), form a government and fail to deliver on the mundane things - over 4-5 years - that ultimately all governments are judged on, by voters the second time around. That would be the best way to demystify and defang the Islamist parties. Otherwise, what the Egyptians liberals will be left with, is another frozen peace - where they have social freedoms but no real political freedoms. Or if they're unlucky, they'll face an internecine conflict with the disenfranchised Islamists, a la Algeria.
No Egyptian should want that.