Answer:
Actually,
it is already many years since the satellite analysis showed any
cooling. Until recently though, one of the analyses of tropospheric
temperatures did show very little warming and was in direct
contradiction of model predictions.
However, some
equipment and system errors were discovered and the MSU
Satellite
temperature analysis now shows
warming
well in line with model expectations. This was a validation
of the models
and the death knell of the "earth is not warming" crowd.
http://www.realclimate.org/index.php?p=170
A2_d4