UPDATE:  The text in brackets and italics are comments inserted as I watched the tape-delayed coverage.  The regular text was live-blogged.

Welcome to Part 2.  [I guessed right - ABC picked up the final group playing 11.]  A lot changed in the interim.  Karrie Webb eagled 15 and birdied 16 to reach even par, one shot back.  Hee-Won Han bogeyed 14 to fall to +2.  Choi, Song-Hee and Mika all bogeyed to fall to +3.  Here is the board as of 10:20am:

[Creamer missed a 12-footer for birdie at 12.  Ai saved par at 11 with a nice ten-footer.  Matthew's bogey at 10 came after she missed the green right and had to take an unplayable.  Webb's birdie at 16 was almost a kick-in - about 2.5 feet.]

10:25am - For perspective, Webb started the day +4 eight shots behind Matthew.  That's a comeback!  Only two holes left though to put on any more pressure.  Han birdied 15 to reach +1.  Shin bogeyed 12 and falls to +2.

[Matthew saved par at 11 from three feet.  Terry Gannon says the Solheim announcement is coming at 2:30 on ESPNews.  Miyazato and Shin both missed the green just right at 12.  Ai tapped in for par but Jiyai had 50 feet left and took bogey.]

10:30am - Maria Hjorth fell out with a double at 17.  Finished at +4.  Choi's last three rounds were 71-70-70 (-5 after opening with an 80).

10:35am - Christina birdied 12, now tied for third one shot back at even par.  [Tee shot to a foot.  THAT's a kick-in!]  Webb parred 17.  [Webb had about 15 feet for birdie and barely missed it left.  Had she completed the comeback from eight shots behind, it would have been an LPGA major record.]  Ai-chan and Matthew are through 12, Creamer through 13, Han through 16 and Shin through 12.  Eun-Hee Ji wasn't in the running but she is being shown as DQ after finishing with a 75.  Didn't want to sign the scorecard?

[Matthew was just outside of a pot bunker at 12, made a tough chip to eight feet and saved par.  That recovery is where she really got into gear.]

10:40am - I missed Han's birdie at 15.  [From the rough she roped her approach to two feet.]  She's now +1 through 16, tied with Creamer and down by two shots.  Webb is in the clubhouse at even par.  [She had just under 30 feet for birdie but it slid by the left edge.  If Matthew nailed down the victory with her play from 12 to 15, Webb nailed down second by how well she played over the last four holes.]  McPherson birdied 17 to reach +2 but with Karrie in at even, Kristy is all but done.

10:45am - Matthew's first birdie of the day, at 13, gives her the lead by one.  [Catriona's tee shot went left into the long stuff.  Christina's approach found a bunker to the left.  Matthew had a trampled lie and bounced it up onto the green.  Christina blasted out perfectly to 2.5 feet and saved par.  Catriona curled in a 15-footer.]  Creamer birdied 15 and is even par, two shots back.  [She pitched her third to four feet and made the putt.]

10:55am - Ai bogeyed 14, falls back to even par.  [Found a bunker off the tee and couldn't advance it very far.  Her par putt from 25 feet burned the edge.]  Matthew's lead is now two.  The board:

11:05am - Matthew birdied 14 to go -3.  [Amazing.  She hooked her drive way left again.   Christina drove perfectly.  Again, a trampled lie and again Matthew rolled it up onto the green.  Kim missed the green short and right.  She was fortunate not to roll into the bunker.  Chipped up to seven feet.  Matthew had about 40 feet for birdie and rolled it home.  Christina missed her par putt left.]  Creamer jumps into solo second with birdie at 16 but she's still down by two.  [It was from over 20 feet.]  Christina bogeyed 14, falls to +1 and is probably done now.  Han finished at +1.  Ai-chan has four holes to make up three shots.  Unless Catriona collapses, Paula is the only one who can catch her.  I realize I haven't watched hardly any TV coverage this week but has anybody talked about Creamer breaking her major jinx here?

11:10am - Ai makes up one, a birdie at 15 to go -1.  Down by two.  [Chipped up to two feet and tapped in.]

11:15am - Creamer pars 17.  [Nice up-and-down after missing the green right.]  It's over, folks.  Matthew birdied 15 (her third straight) to go -4 and take a three-shot lead with three to go.  [She hit the fairway this time, on the left edge.  Made the green in two and nearly sank the eagle putt from 40 feet.  I guess she won't be changing putters anytime soon.]  Talk about getting it in gear when you have to - three bogeys and nine pars through 12 to lose her three-shot lead, then bang-bang-bang.

[How ironic to hear Judy Rankin talking about Lorena Ochoa "not being able to leave well enough alone" while tying Lorena's recent struggles to the tweaks she's tried to make in her game.  Judy and Andy North led the world in pointing out Ochoa's head-bob while putting, telling us she needed to eliminate that motion to get even better.  Another thing - why does their intro-outro music have a bagpipe tinge to it?  This event is in ENGLAND.  I doubt it's for the benefit of Catriona Matthew...]

11:20am - Christina also birdied 15 to get to even par.  [Chipped up to five feet and made the putt.]  Miyazato parred 16.  [Missed birdie right from 12 feet.]  Shin birdied 15 [from eight feet] and parred 16 and is now +1.  I do realize that it is NOT actually over because anything is possible (Matthew did double 17 the other day and has also bogeyed it) but if a player who was tied for the lead knocks down three birdies in a row to take a three-shot lead this late, they usually win don't they?

11:25am - Christina bogeyed 16 to fall to +1, five back.  [Good tee shot but she caught her approach heavy and came up way short.  Chipped 40 feet past the hole and couldn't save par.]  Matthew parred 16.  [Missed the fairway right.  No favorable lie this time but she still put her approach on the left edge of the green.  Made four-footer for par.]  Up three with two to go.

11:30am - Creamer double-bogeyed 18 to finish +1.  [Tee shot buried into the lip of a fairway bunker.  She hacked it out sideways into the fairway.  Paula hit her third so thin it ran through the green and up against the clubhouse.  She could only half-swing and chipped about 20 feet past.  Missed the bogey putt.]  Miyazato has two holes to make up three on Matthew and that's the only possible way Catriona doesn't win in regulation.  But Ai doubles 17 and falls to +1.  [Tee shot into the front edge of a fairway bunker.  Blasted across the fairway into tall grass.  Hacked out into the fairway.  Missed an 18-footer for bogey.]  Matthew leads by four over Webb.  Catriona could double 17 and still have a two-shot cushion.

11:40am - Matthew only bogeyed 17.  [Drove left into a bunker.  The Jones Bunker, they call it.  Catriona found the tall grass right of the fairway.  Pitched her third up to about ten feet.  Missed the par putt left.]  She's -3 and up by three going to 18.

11:45am - Shin doubled 18 to finish +3 T8.  Miyazato finished +1, currently T3.  If Christina can birdie 18, she'll grab a share of second place.

11:48am - X-Tina parred 18.  Matthew parred 18 to win the Women's British Open by three shots over Karrie Webb.  [Tee shot a good one.  Approach to the left side of the green.  The long birdie putt stopped two inches from the cup.]  It's her first major championship victory and the third of her fifteen-year LPGA career.

I'll be updating this live-blog with observations from the TV coverage, which begins in just over an hour (1pm EDT).