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What an epic disappointment! We've been waiting for Vanity Fair's "epic takedown" of Gwyneth Paltrow with bated breath for ages! But now it appears that Gwynnie's battle against VF and its editor-in-chief Graydon Carter has just ended, since the famed newsman has reportedly called a cease fire and raised his white flag. And we are outraged!

"Gwyneth and Graydon spoke on the phone a few weeks ago," an inside source told Us Weekly. "They worked out some of their differences." Aww how sweet!

Apparently after Graydon and Gwyneth's heart-to-heart, the editor has agreed to forgo the mag's previously planned "epic takedown" of the actress in lieu of doing a much "softer" piece, sources tell Us Weekly.

Oh they worked out their differences, did they? Well bully for them! We hope Graydon's lil' chit chat with Gwyneth is keeping him all warm at night because along with the mag's big loss against the actress -- we know Graydon has lost a lot of respect from the journalism community for caving.

Gwynnie and Graydon first locked horns earlier this year when the actress refused to let VF do an in-depth feature on her. Subsequently, the mag retaliated at the power move, opting to go in a different direction and write an explosive expose, which allegedly uncovered an affair between the "Seven" actress and Elle Macpherson’s billionaire husband Jeff Soffer. Allegedly after finding out that Graydon's publication was forging ahead with a scathing in-depth profile on her, the 41-year-old Oscar winner attempted to wage a one-woman coup against the publication, urging her A-list friends to boycott the mag.

It appears as though Gwyneth's strong-arming tactics have worked. A few weeks ago RadarOnline was reporting that the magazine was going with a "softer" direction in regards to their feature and now these recent reports claiming Graydon and Gwynenth have spoken (and made up) -- make the squashed "takedown" seem all but official. Unfortunately, it appears as though the public flogging of Lady Goop will never see the light of day.

Oh come on VF, this is so disappointing! How could you give into Gwynnie's demands like that?! We thought we didn't negotiate with terrorists!

We're just so glad that an overly entitled actress can use her overly entitled powers to strong arm a major publication into changing their article. And we're just so glad that a woman who basically doesn't seem to think poor people exist was able to use her celebrity status to quell the storm of her own making. And we're also just so super duper glad Vanity Fair let her do all that. Kudos to all in this situation -- because we're sure Gwynniepants never gets her own way.

We are so disheartened by this major cessation, we kind of want to boycott VF -- just for giving in!