It now looks as if things will settle down a bit and everyone gets back to the actual football. Livingston will now just have to dust themselves down and get on with the task of climbing the leagues again. They did it before, so they could do it again. Mind you, it all depends on how involved the new owners will be, i.e how much money there will be available for Boylan to strengthen the squad in January (wages, not transfer fees) and also how many fans will turn up to watch third division football (no disrespect to either Livi fans or the Third Division)
It now allows Livi a chance to rebuild the club and start afresh. It'll allow both the club and it's fans to appreciate that they still have a club and that playing in the Third Division is not the end of the world, it could have been a lot worse (See Gretna FC)
There is no point for Livi to go to the Courts of Arbitration because it will be a costly and lengthy procedure, one of which would put all of the season's results in limbo and would further add chaos to an already chaotic situation, something which the other SFL teams will take a dim view of if the results were scrapped based on the findings of the Court of Arbitration.
I think Livingston FC will now have to accept the final verdict of their last appeal and get back to playing football.