Via Fr. Tucker is the text of a speech by Cardinal Kasper on the ordination of women to the episcopacy. It is interesting and makes some good points and mainly argues about the prudence of not doing this for the sake of unity.
The snarky part of me would quip that their ordination of women to the episcopacy is just as valid as their ordination of men to the episcopacy or for that matter the priesthood. What exactly is the theological reasoning in allowing women to the priesthood and not the episcopacy? It seems to me that this decision was made not on theological grounds but to prevent a larger number of members from leaving. It is obvious that it is only a matter of time till they will cave on this also as they go with the flow of the tide of modernity. Cardinal Kasper says that this will lead "not only to a short-lived cold, but to a serious and long-lasting chill." No doubt the Anglican ice age will continue to small groups and individuals to come out from the cold and come home.