What bothers me about this is not the behavior of the scientists -- of course anybody who knows the first thing about science knows that no statistically significant global warming in the short term doesn't mean the global warming hypothesis is wrong in general.
(And, by the way, no fair cheating by claiming the change is "probably real" but "only" not statistically significant. The whole point of having statistical tests is for people not to have to use their intuition, with all the embedded bias, false positives, etc.)
What bothers me is the behavior of the media. We've been hearing, not from scientists, but from personalities like Al Gore, how in the last few years global warming has accelerated terribly and therefore tons of stuff needs to be done NOW.
That is what was disproved here, the media hysteria, not the theory of global warming. Such hysteria -- things are getting worse really, really quick, we must do tons of stuff RIGHT NOW at enormous cost OR ELSE WE ARE FACING CATASTROPHE WITHIN FIVE YEARS never matched the reality of the facts.
But this hysteria had been going on in the last 40 years -- as the planet warmed about, I believe, half a degree? The change surely exists, but it is slow. I fail to see why the normal economic response -- the same response we have to, say, changes in the price of oil or whatever -- will not be able to deal with it.