We thought it essential to add an update following Musharra's declaration of Emergency (Military) Rule to our last item on the bombings on Bhutto's welcome procession. For a very good review of the situation and its causes see:
Pakistan Emergency Amidst Growing Talibanization

Pakistani Press:
Dawn, Pakistan's most read English language paper, which prior to the anouncement was very critical of Musharraf seems to have lowered its tone and seems to beleive that Musharraf does not seek to maintain military rule in the long term as can be seen Beyond emergency rule
Another popular paper, the News (the English version of Jang) condemns Musharraf primarily for media controls, but also takes an ambiguous view about his intentions and the direction of Pakistan: The Saturday surprise and after

Islamist Sources:
Jamaat-e-Islami naturally condemns the actions and is trying to mobalize people to protest claiming this is a US led move as can be seen in Qazi declares movement against military dictatorship
Very little on Lal Masjid other than a short claim that Emergency Rule was imposed only due to them: Emergency Imposed in Pakistan!