The EU constitution is (duh) a compromise or a fudge between a number of incompatible goals. Indeed one might say the entire EU project is such a fudge. Thanks to the mainly left wing inspired French "non" campaigners though the backroom deals are becoming rather clearer to the general public within the EU. At the same time, the economic unsustainability of the core EU member's social policies is also becoming clear as EU Rota points out with reference to a recent S&P report.
One problem is that the EU fundamentally faces a dichotomy between those who wish for a single European market in goods and services - as I do - and those who want to project some sort of power. There are of course other clashes, such as in political traditions and so on but the big one is between the core EU nations - France Germany Belgium Italy ... - and the periphery in terms of their welfare policies and the resulting impact on their financial situation. It is due to the dire finances of the core that the fudge is coming unstuck. All this talk about "Bolkestein" and the like is code for "our economies are uncompetitive and we can't fix them without us leaders being swept from power and all the perks that go with it".
In an attempt to buy off or try to buy off the French socialists l'Escroc, his dachshund and his EU cronies are promising all sorts of things and apparently expecting that "les Anglo-saxons" will pay for it. Meanwhile the poor English are being told that there is no way they can have a better treaty than the one that is currently up for approval. The problem the elites have is that the Dutch are going to the vote a couple of days after the French and the Dutch population, if not their leaders, are now much more on the Anglo-saxon side of things rather than siding with the rest of the Eurozone.
If there is no convincing fudge - or of the fudge is seen to be at the expense of the UK then I would expect the UK's voters to come out strongly against the constitution. I also expect that the Eastern European populace will feel equally distrustful of the EU's core which seems to be on the point of requiring them to repeal all the laws that have made their economies competitive again. It will also not surprise me if the next Dutch election is fought on the EU and immigration policy with much ammunition being spent on the cocked-up Eurozone and the way that France and Germany blithely ignored all the "stability" rules when they felt like it. My guess is that the fudge is going to be replaced with a two speed Europe - aka a doughnut with an economic blackhole in the middle. The question is whether countries like the Netherlands can escape the gravitational pull of the black hole.