As I said in the Pardew thread, I'm still hoping he'll be gone by tuesday morning. That's blind hope more than anything, because in reality Ashley is so unpredictable none of us can really know what comes next.
This decision is certainly a litmus test for his ownership- as it stands we are going down imo, and Ashley will prove himself to be incompetent rather than (or as well as) unambitious if he doesn't take corrective action now.