So... Prigozhin's bluff worked and he got what he wanted? Shoigu and Gerasimov are out, FSB investigation against Prigozhin dropped? So basically, Putin had to backtrack from the threats he made just 12 hours ago.
And it's not over. If Wagner gets a foothold in the MoD, they'll not let go, and will try to increase their influence bit by bit. Of course the siloviki are not going to allow this. It's not like Putin and Prigozhin can just go back to best pals after an armed insurgency. I think Prigozhin is about to find out the hard way that Putin never forgets.
For some reason I'm reminded of that scene at the end of Hunt For Red October, where the sub is headed directly towards the Konavalov with a torpedo on it's tail and Scott Glenn's character says "the hard part about playing chicken is knowing when to flinch."
Question here is...who flinched?
Prig can afford to flinch. He really doesn’t have anything to lose. It’s Putin who flinched at least somewhat. But he can’t do that and retain the loyalty of his military brass. If he elevates Prig, they will likely revolt. He's now demonstrated that he’ll back down. The generals at least have the loyalty of the army brass and bureaucrats, and they will kill Prig given half the chance. And now that Putin has demonstrated weakness instead of decisively crushing a challenge to his power, they may realize it’s time to act.
The next few weeks will tell for sure.