It appears that the Strike is on and that it will start in earnest on Monday!
Anne Thompson, over at Thompson on Hollywood, has a good quick analysis of what this means for us as consumers of entertainment. In short, won't affect movies much...but television will be severely affected due to a lack of material.
How long after the strike has ended will the lack of material last? After all, no one says that the writers can't "think" about new ideas while they are on strike, but they do say that they shouldn't WRITE anything.
As the WGA phrases it, "Pencils down means pencils down". Read that list of names, it's impressive and filled with the shows you and I watch. Everything from this season's borderline Chuck to critically acclaimed shows like The Wire are represented. Not to mention The Jay Leno Show.
Does this mean that Jay Leno's jokes will get worse during the strike?
God save us and pray the strike ends quickly.