Does nobody remember this one?

NTI: Bush-Putin summit, November 2001 (Michael Jasinski, December 2001)

The most closely watched part of the discussions, however, was the question of strategic arms control. In spite of expectations that the two presidents might reach a breakthrough on the ABM Treaty, no such breakthrough materialized. The two presidents, however, expressed readiness to sharply reduce their countries' strategic nuclear arsenals, and following the December 13, 2001 U.S. declaration of intent to withdraw from the ABM Treaty, some observers speculated that Bush and Putin had reached an informal agreement on the withdrawal during their Crawford meeting.

...

Following the friendly earlier meetings between Bush and Putin, some observers expected the two presidents to reach a breakthrough on the crucial issue of the Anti-Ballistic Missile (ABM) Treaty, which would allow the United States to proceed with the National Missile Defense program without having to withdraw from the treaty. Such a breakthrough, however, did not materialize. But the two presidents appeared ready to sharply reduce their countries' strategic nuclear arsenals, and there are some indications that the Russian Federation has informally adopted a more flexible stance on the ABM Treaty.

...

During the summit, President Bush unilaterally pledged to reduce the U.S. strategic nuclear arsenal from 7,000 deployed warheads to only 1,700-2,200 over a period of 10 years. The promised unilateral cuts in effect side-step the START II treaty and its warhead ceiling of 3,000-3,500 warheads. In response, Putin promised that Russia would respond in kind and reduce its own strategic nuclear arsenal consisting of 6,000 warheads by two-thirds, which would also leave approximately 2,000 deployed Russian nuclear warheads. ... Moreover, the two presidents appeared to have had different views on how formalized the new commitments ought to be. Whereas Putin insisted on turning the commitments into a formal treaty, Bush expressed a preference for a far more informal, and unbinding, arrangement.

Let's not look at the propaganda from November 13, 2001...

Johnson's Russia List: Bush, Putin Build a Friendship (By NANCY BENAC on November 12, 2001) — this one shows Bush and Putin drooling over each other despite earlier mutually dismissive statements.

The Acronym Institute: Disarmament Diplomacy (November 2001) — this one has very interesting transcripts from the press conference, all about trust and being friends and no longer enemies, etc.

Center fro Nonproliferation Studies: Hope for a Strategic Breakthrough at the Bush-Putin Summit (William Potter and Nikolai Sokov, November 12, 2001)

For attentive observers, there is little new in that statement. Mr. Putin has warned a number of times that if the U.S. withdraws from the ABM Treaty, Russia would feel free to withdraw from other arms control treaties. The new language simply adapts this old position to the new circumstances and opportunities: whereas previously it was withdrawal for withdrawal, now it is modification for modification.