I'm famous. :-) The article mentions "The response was immediate and deafening, with headlines like: 'Jimbo Wales, stop acting dictator.'" I created the headline mentioned.
The article is reasonably accurate, although "The idea in a nutshell is that only registered, reliable users would have the right to have their material immediately appear to the general public visiting Wikipedia. Other contributors would be able to edit articles, but their changes will be held back until one of these reliable users has signed off, or "flagged" the revisions. (Registered, reliable users would see the latest edit to an article, whether flagged or not.)" is confusing at best, misleading at worst.
Cheers,
—Thomas Larsen