Skinny - well it might, it might not. It doesn't matter now. We could have had another referendum in the future if it hadn't reformed but there's no way back from this unless the scales fall from the Brexiter's eyes so rapidly before October that article 50 never gets invoked.
Won't hold my breath though...
Yes this is another reason why the referendum was just a really stupid idea.
Most people would have voted differently if they could have changed something about all the various EU legislation we are subject to (for a lot of people that would have been an immigration cap and I will use this as the example below).
Once the Vote is done nobody can assess why people have voted that way and go back to the EU and negotiate that specific change and then go back to the people for a new vote saying - right that is sorted now.
So much simpler for the Government to say ' Our policy is that we are going to leave the EU unless we can put a cap on our immigration' - then the EU decide and then we act on that decision.
Instead DavCam went to negotiate with the 'threat' that unless you do what I want then I'm going to ask our population what they want and so EU ignored him and now we've voted and now it's too late.
I think now we have voted to leave they will reform to try and keep the EU together and stop other countries leaving - too late for us.
This is a shame because if they had shown this willingness to reform before we voted perhaps we would be looking at a different result this morning.
The EU gambled that they did not have to change and we would still vote to stay in - they were wrong.
EDIT - I disagree with Scream thought that a close vote to stay in would have brought about these same reforms - at that point all our negotiating pressure for reforms would have gone.
My work is also likely to be massively affected if new trade agreements can not be made but there are 2 years for this mess to be sorted out so I would rather approach it calmly and see what happens and adjust accordingly than jump off one of the cliffs on the side of the road just because it is there. Perhaps if I stay driving along the road for another two years I will reach flatter ground.