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Okay, so Convergence just ended. Overall, it's not a great series--the villains are boring and there's more telling than showing in terms of how big and important things are supposed to be-- but the effect it had on the DC cosmos is kinda cool. So after a bunch of really confusing nonsense with Brainiac and some really dull villains named Telos and Deimos, Post-Crisis Superman and Parallax decide to travel back to the original Crisis On Infinite Earths and help their Pre-Crisis counterparts stop the collapse of the original Multiverse. According to the story, this "stabilizes" reality and puts a new, "evolved" Multiverse in place (the same one from Grant Morrison's Multiversity).
What it means out of character is A) No more 'Crisis' events to reinvent reality over and over, and B) Writers can pick and choose from any incarnation of DC they want. Right now the "New 52/DC You" universe is still the primary one, but if, say, someone wants to use Silver Age Batman for a story, they can just go ahead and do it without any gimmicks or weird qualifiers, because Silver Age DC still exists out there in the new multiverse.
I'm not thrilled that they're keeping the New 52 universe around (especially since some of the new "DC You" status quo looks absolutely wretched), but if it means they're going to focus on establishing the new setting and letting it settle into its own groove instead of just resetting and rebooting every couple of years, then I can get behind that.
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