I covered the Medvedev-Obama presser and my findings are the following:

I didn't expect a breakthrough on anti-missile defense - there was simply too much at stake and prestige. However, Obama made it clear that Russia has a point. I think that we are over the hump - there will be a compromise in the end. As expected, Medvedev made it clear it cannot and will not compromise as things stand now.

We got the expected decision to lower nuclear warheads and delivery vehicles. This is smart - if the US and Russia can't lower their stockpiles then it is only talk about global disarmament.

We can assume possible progress on dealing with Iran and NKor. No details given - in many ways this may have been the most interesting part of the summit (so far). I got the sense there was horse-trading happening behind the scenes.

A new presidential commission is to be established to allow both countries to continually talk about a wide range of issues.

A corridor over Russia to Afghanistan - again expected, but meaningful.

There will be a bilateral commitment to back a global program to stop proliferation of nuclear materials, something that is long overdue. Washington is to blame for being so lax about non-proliferation since the end of the Cold War.

Also, Obama appeared to really mean it when he talked about respect and respecting Russia's right to define it own security interests. This is something new coming out of Washington. Or am I being fooled by the “commander-in-speech?”

On the whole, I think the countries could well be on the path to resetting relations.

But don’t forget! Tuesday is Obama's "civil society" part of the summit and, of course, breakfast with VVP.

So far the bad advice given to Obama before his arrival has not been put to use…..much more to come.