Heh heh, it looks like someone finally persuaded Tony Blair to see sense. Although I don't like the idea of tutition fees at all, I'd much rather see deferred payment rather than up front fees. Although fees look set to rise, deferred payment until a graduate's income rises to over about £12,000 is much better than paying it up front. The return of the maintenance grant for the poorest students is something that I also welcome.
It's always gives me a warm, fuzzy feeling inside when governments are forced to make embarrasing u-turns like this, especially in cases where the original proposals were patently absurd in the first place.