So what do the French and Dutch 'No' votes actually mean for Europe?

By the looks of this article written by a Conservative Member of the European Parliament in the Telegraph, absolutely nothing.
The european constitution is still going to be implemented, whether we like it or not.

Hello? Can someone tell me why the hell we voted for this then?

You may have got the impression that the European constitution was dead - that the French had felled it, and the Dutch had pounded a stake through its heart. If so, think again. The constitution is being implemented, clause by clause, as if the No votes had not happened.

Read whole article here.