What was even more interesting to me than the NAS study result announced on June 23rd was the result of NCAR's Trenberth and Shea, which was overshadowed (and rightly so) by the NAS report. An excerpt from the NCAR press release is below (emphasis mine):

"By analyzing worldwide data on sea-surface temperatures (SSTs) since the early 20th century, Trenberth and Shea were able to calculate the causes of the increased temperatures in the tropical North Atlantic. Their calculations show that global warming explained about 0.8 degrees F of this rise. Aftereffects from the 2004-05 El Nino accounted for about 0.4 degrees F. The Atlantic multidecadal oscillation (AMO), a 60-to-80-year natural cycle in SSTs, explained less than 0.2 degrees F of the rise, according to Trenberth. The remainder is due to year-to-year variability in temperatures.

Previous studies have attributed the warming and cooling patterns of North Atlantic ocean temperatures in the 20th century—and associated hurricane activity—to the AMO. But Trenberth, suspecting that global warming was also playing a role, looked beyond the Atlantic to temperature patterns throughout Earth's tropical and midlatitude waters. He subtracted the global trend from the irregular Atlantic temperatures —in effect, separating global warming from the Atlantic natural cycle. The results show that the AMO is actually much weaker now than it was in the 1950s, when Atlantic hurricanes were also quite active. However, the AMO did contribute to the lull in hurricane activity from about 1970 to 1990 in the Atlantic."

This assessment of the AMO tallies with the most recent measurements of the thermohaline circulation, evaluated in the Bryden paper.