I had to stop watching it because the live feed started breaking up a lot. Basically he's officially ending his Prez campaign and going to anounce his new initiative: http://www.campaignforliberty.com/
He was giving a good speech...just going over all the issues he's talked about in his campaign and going into more detail about the motivations behind the actions of many politicians and what we can do to keep the revolution alive. Check out the new website!
Edit: Everyone knew it was going to happen sooner or later. Personally, I don't think Ron Paul ever expected to get nearly the response he did. For that, I think he feels very successful in waking a lot of people up. I think his goal through all of this was to get people with similar view as his into politics, which has already started to happen. I don't think anyone can argue that breaking up the bipartisan system would be a good thing for this nation. As for the whole Presidency thing, I doubt he ever really expected to end up sitting in the oval office.
Its def gonna be youtubed. I signed up for the campaign and sent and e-mail asking if they have some internships of full-time paid positions available. If they do, I would leave to do that in a Heartbeat!