This is the most sensible analysis that I have seen of the recent re-shuffling of military figures in Egypt.
...as compelling as it is to interpret these recent developments as a civilian coup against Egypt’s military rulers, there are some indications that they are the product of a movement within the military’s own ranks to avert an impending confrontation with civilian political forces and to reconfigure the army’s role in politics in a way that leaves its autonomy and long-term interests intact.I wonder if the "impending confrontation" might have been a coup attempt against Morsi by the dismissed top Egyptian generals. An article in Haaretz (Israel) provides some evidence of this.
I would not be surprised if US operatives were also involved in this reorganization. In any case, Egypt is staying clearly within the orbit of the Empire. Here is another piece of supporting evidence from Haaretz which reports:
Egypt will discuss the possibility of a bigger-than-expected $4.8 billion loan from the International Monetary Fund when a delegation from the Washington-based body visits Cairo this month, its finance minister said.