A Covenant of the sort being proposed has to do with enshrining as normative within the Anglican Communion a specific theological perspective as the only theological perspective.
Similarly the proposed Covenant provides a legal mechanism for discipline and exclusion as the solution to theological difference.
Neither of these things are Anglican.--- the Rev. Nigel Taber-Hamilton
And that, gentle readers, is the whole thing in a nutshell.
*(warning: oxymoron alert)