This is just a quick update–this possible development just in (h/t twolf1):

Might be a hint of departure, might be more dancing, but thought you should know. We will keep an eye on this and post updates throughout the day.

Update: From Amanpour’s ABC interview:

I’ve just left the presidential palace in Cairo where I met for about 30 minutes with president Mubarak. He told me that he is troubled by the violence we have seen in Tahrir Square over the last few days but that his government is not responsible for it. Instead, he blamed the Muslim Brotherhood, a banned political party here in Egypt.

He said he’s fed up with being president and would like to leave office now, but cannot, he says, for fear that the country would sink into chaos.

I asked President Mubarak about the violence that his supporters launched against the anti-government protestors in Liberation Square.

He told me, “I was very unhappy about yesterday. I do not want to see Egyptians fighting each other.”

. . .

For now, Mubarak remains in the presidential palace with his family, heavily guarded by armed troops, tanks and barbed wire. We were joined by his son Gamal, who was once widely considered to be his successor. Mubarak told me it was never his intention to have his son follow him into office.

And he pledged his loyalty to Egypt. I would never run away, he said, I will die on this soil. He also defended his legacy, recounting the many years he has spent leading his country.

While he described President Obama as a very good man, he wavered when I asked him if hour felt the U.S. had betrayed him. When I asked him how he responded to the United States’ veiled calls for him to step aside sooner rather than later, he said he told President Obama “you don’t understand the Egyptian culture and what would happen if I step down now.”

Update 2: David now has a great rundown of the interview.