Can someone who knows explain to me whether what seems like the second military coup in Egypt in two years that happened today is a good thing, a bad thing, or a mixed thing?

I get some of it. The military is the most stable force in Egyptian civil society; the coup that threw out Mubarak was widely cheered here. But Morsi was, for all his faults, democratically elected, and I at least tend to view military dabbling in civil matters as... distasteful at best.

What it seems like: Morsi was elected by a slim margin because of his core base. He spent his year and change in office trying to consolidate power and play entirely to that same base. Jobs vanished, the economy tanked, tourists stopped spending money, the streets became even more unsafe. Then the same crowds who ousted Mubarak thought "Why not give it another shot?" and Tahrir Square became the locus of civil unrest once more. And there are fireworks and dancing tonight, but I'm not sure if that's good or not.

Should I be happy or sad today, more enlightened friends than me?