As NPR and others have reported, Honduran President Manuel Zelaya has returned to the capital, though in a diplomatically protected place: the Brazilian embassy. Also see coverage from the Miami Herald. This is Zelaya's first visit since he stepped over the Nicaragua-Honduras border for a few minutes during the summer. Ironically, he did so in an area from which CIA-backed Contras launched their illegal offensives against the Nicaraguan government in the 1980s.
For analysis from a variety of perspectives since the June 28 coup, see the Honduras page at the Council on Hemispheric Affairs. A lot of the online chatter has focused on the relative merits of Zelaya and de facto President Roberto Micheletti, but the manner of President Zelaya's removal is of deep concern to elected leaders throughout the hemisphere.