New Reading 2008: US Portfolio Strategy

Hi, has anyone read Reading 45 in the CFAI text “US Portfolio Strategy: Seeking Value - Anatomy of Valuation” yet? Are you confused as well? There are 4 LOSs for this new reading for the 2008 exam, but no explanations at all concerning how to answer the LOSs. Wow, I just read it and am completely stunned. It’s just a reprint of the research report…although it is interesting and a good read. How does Schweser cover this reading, do they give good explanations, do you feel confident?