Well that is what I am hoping.
Had some info from AffiliateWindow today (one of the networks i use) with a 25 page document I have yet to read and a 2 page document I have read.
They make the poiont that "realistically 26th May is not the day that all businesses need to be unequivocally compliant; rather it marks the ramping up of scrutiny of solutions that are being rolled out across the Internet. Therefore we should view next week as the start of the compliance process, rather than the end."
They also see the most important points to be to have a cookie page that gives as much info as possible about cookies set by your site and that a link to it should be prominent.
They also give specific information about the 3rd party cookies they set via my site, information that I don't presently have from other networks.