Its really hard to try to rate his abilities given that we are not privy to a lot of real details about what has gone on with things like the armed forces and other powerful groups within Egyptian society. There does seem to be a fair amount of the old regime guard left in place, including within the judiciary, and the presidential election didnt really give him a very strong mandate.
I believe dylans was pretty consistent in long having drawn attention to the fact that the MB were quite used to playing an albeit slightly ambiguous role within the elites of Egypt, they were part of the old game and had plenty to lose from a more comprehensive revolution. A picture is drawn in the press that Morsi skilfully outmanoeuvred the older generation of army top brass, but we dont know what actually went down there and one possibility is that the MB teamed up with a newer army faction, and we dont really know who else has influence on what shots are called now as a result of that.
I've no idea how this will all pan out but the latest mistake doesnt interest me quite as much as some of the previous ones which made the current situation somewhat unavoidable as far as Im concerned. I'm talking about the failure of the revolution to sweep away more of the old guard & institutions at the time, the failure to reform the security service, the failure to come up with a new constitution before the presidential elections, and allowing the final round of the presidential election to involve someone strongly associated with the old regime. The reasons why this happened are strongly tied in to what I said in the last paragraph. I still strggle somewhat to call what happened in Egypt a revolution, I'm tempted to still call it an uprising, albeit one that did have some big implications and has unlocked god knows what potential for future struggles.
Even if some of this stuff gets sorted out then I find it hard to be too optimistic, simply because Egypts options are narrowed like so many other countries are, by the state of the world as a whole, the dominant powers, and the current ideologies and economic games in place. Even without the mistakes and inherent downsides of the MB, it seems likely that Egypt is one of the countries that will remain on the frontline of this stuff because of the state of their economy, the IMF & Eu loans, the 'need' to devaluate their currency and cut fuel subsidies etc.
