Traditional Anglicans to join Rome?

I don’t know how these things work, and don’t know anything about the Traditional Anglican Communion. Does it mean that the Roman Catholic Church may gain 400,000 new converts overnight? (Overnight being, of course, a relative term, not a literal one.)

16th October 2007
Statement authorised by the TAC Primate

” The College of Bishops of the Traditional Anglican Communion (TAC) met in Plenary Session in Portsmouth, England, in the first week of October 2007. The Bishops and Vicars-General unanimously agreed to the text of a letter to the See of Rome seeking full, corporate, sacramental union. The letter was signed solemnly by all the College and entrusted to the Primate and two bishops chosen by the College to be presented to the Holy See.
The letter was cordially received at the Congregation for the Doctrine of the Faith. The Primate of the TAC has agreed that no member of the College will give interviews until the Holy See has considered the letter and responded.”
+ John

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