Page 12 I think is where the money is. "Any decision in favor of the baker would have to be sufficiently constrained, lest all purveyors of goods and services who object to gay marriages for moral and religious reasons in effect be allowed to put up signs saying 'no goods or services will be sold if they will be used for gay marriages,' something that would impose a serious stigma on gay persons."

In effect, the ruling comes down in favor of the baker because it finds fault with the Colorado commission's deliberative process, not actually with CADA, nor does it say that religion must take precedence, merely that it must be considered. Both sides are going to pull pieces from this for future cases. I applaud Kennedy for trying to address the complexity of the issues here but it doesn't settle much.

IANAL. (edited for typo)