The observed change of the axis of rotation of the gyroscopes can clearly measure the geodetic effect with the accuracy of 1% but the predicted frame-dragging - a general relativistic effect that is the closest reminder of the Mach principle, a flawed principle that motivated Einstein to find a new theory of gravity but one that was eventually refuted - is about twice as small as their current error margin.
They hope to get better results by the end of 2007: see press release.