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Calpundit neatly summarises
the Bush National Guard scandal:

In other words, there are a lot of unanswered questions that make it perfectly reasonable to suspect that there’s more to this story than meets the eye. Unfortunately, questions are all they are.

So what’s next? At the moment, nothing, unless someone digs up some new evidence. It’s possible that the Bushies aren’t really releasing his entire file, but someone would need to come up with evidence for that. It’s possible that documents were purged from his file, but we would need further evidence beyond Burkett’s word to keep that story alive. It’s possible that something happened in mid- 1972 to explain the odd discrepancies in the documents, but there’s no hard evidence of that either.