It bears out what I have said before about the importance of the present debates on justification within Evangelicalism and the Calvinism/New Perspective divide. I also found this paragraph very interesting:
Beeson Divinity School founding dean Timothy George signed the 1994 ECT statement, which he said was a "circumscribed step forward" in Protestant-Catholic dialogue. Among ECT participants, George said, there is strong agreement with the Augustinian emphasis on the gratuity of grace, that we do not earn salvation by good works or merits. He acknowledges Protestants' and Catholics' lingering disagreement over how justification relates to sanctification and Luther's famous phrase simul iustus et peccator ("at the same time righteous and a sinner"). But he does not see justification as the focal point of Protestant-Catholic disagreement.
Yes and yes. This gentlemen has both identified the core of our disagreement on this particular issue and has also realised that this particular issue is not the core of our disagreement.