Well, the stage looks for Peres to join Sharon either as a member of the Kadima party or as an external supporter of the party. The elder statesman leaving the Labour party will no doubt cost them a few seats.
While Peres has yet to anounce his plans, as he is currently in Barcelona, his co-confidant Dalia Itzick joined the Kadima party today - an apparant jesture to Peres, as she would have been left to be eaten a live by the pack of wolves that now control the Labour party.
This is a truly interesting development. Now, the two antithesis visions, that of unified Israel on the right and that of a friendly peace on the left, and their respective visionaries - Sharon and Peres have chosen a pragmatic middle way... Kadima (onwards)!