FT.com Home UK: " 'two state' solution with a demilitarised Palestinian state and Jerusalem split into two capitals. Arab east Jerusalem to be part of Palestine, Israel to keep Jewish parts and adjacent West Bank settlements.
� Israel would withdraw to pre-1967 borders. Some big settlements would be dismantled, but 75 per cent of Jewish settlers would remain inside Palestinian territories and under Israel's protection.
� In exchange for keeping some Jewish settlements, Israel to give Palestinians an area of the Negev desert adjacent to the Gaza Strip. A safe passage route to be created between the West Bank and Gaza.
� Palestinians would waive the right of 3.6m refugees from the 1948 Arab-Israeli war and their descendants to return to Israel.
For a full text of the accord
� Israel would cede sovereignty over the shrine in Jerusalem known to Jews as the Temple Mount and to Muslims as al-Haram al-Sharif (Noble Sanctuary). Israel would retain control of the Western Wall.
� Palestinians would recognise Israel, end violence and disarm militants."
Sounds like a deal to me.