The "72-hour" truce in Gaza collapsed in something more like two hours, but there's considerable confusion about whether the scheduled talks about a longer truce scheduled for Cairo are still possible. Israel and Hamas seem to believe they're off, and Israeli reports say Egypt "postponed" them, but Egypt's Foreign Ministry says they're still on, as does the Palestinian Authority, which says a joint PLO/Hamas/Islamic Jihad delegation has been appointed and plans to be in Cairo tomorrow.
In the welter of conflicting reports, I would merely note that unless both Hamas and Israel show up, Egypt and the PLO won't have much to talk about. What if they gave a peace and nobody came?
I suspect the prospects are not bright, however much Egypt and the PA may cling to hope, but I'd be glad to be proven wrong.