The Anglican Communion gains it’s connection to the Early Church because the first Archbishop of Canterbury was consecrated by the Roman Pontiff. You associate the Early Church with the Pope. Therefore, if the Pope is related to the Early Church, you must also deduce that the Roman Catholic Church was the Early Church, due to the fact that the Pope is it’s leader.
Obviously, I, and many other Anglicans (Broad-to-High Church at least) recognize the connection between Roman Catholicism and the Early Church. We recognize Roman Catholic Holy Orders and many of us would agree that Roman Catholics are part of that ‘One Holy Catholic and Apostolic Church’ of the Nicene Creed.
Personally, I recognize the Roman Catholic connection to the Early Church and the importance of Roman Catholicism in Christian historical and theological development.
This means that you believe the Pope has the ability to grant authority to others. This being the case, you must also agree that the Pope has the ability to revoke authority, or take it away.
The Anglicans believe that the Pope is first among equals, and that he has no pastoral authority over the other Bishops. However, you believe that the Pope gave authority to the Archbishop of Canterbury and only a person with authority can grant authority to others. As the Archbishop of Canterbury gained his authority from the Pope, it would be logical to conclude that the Pope has the ability to take this away.
By your own statement, you showed that you believed in the power of the Pope to bind and loose as granted to St. Peter, his predecessor.
In many ways, the Pope occupies an interesting position for Anglicans. After all, Archbishop of Canterbury Michael Ramsay, as someone pointed out earlier (perhaps in another thread), believed the Pope to be the head of the temporal Church. Personally, I recognize the validity of the Pope’ s role as Bishop of Rome and as the legitimate spiritual authority in the Roman Catholic Church. Historically (say Pre-Reformation), the Pope was the dominant figure in Western Christianity. As an Anglican, I recognize that it was a Pope (Gregory the Great) that consecrated the first Archbishop of Canterbury and laid the groundwork for the Church of England.
Thus, the Pope is, in some ways, a truly Catholic (as in Universal) figure of importance. After all, his role as Bishop of Rome is not limited to the Roman Catholic Church, but his Holy Orders make him a Bishop in that easy-to-describe (made up of all Christians), but hard-to-determine Catholic (Universal) Church. The Anglican Communion, historically, owes a great debt to the Papacy for the consecration and elevation of the Archbishop of Canterbury and allowing the Church
in England to become of such spiritual importance that it would one day become the Church
of Englad and a Rite in its own right

)). And, of course, I do have great respect for the current Pope.
It is truly difficult to determine the Pope’s actual role in modern Christianity. On the one hand, one could try to demote him to simply the leader of a denomination (although the largest and oldest…although the Eastern Orthodox would debate the latter), but that seems to deny his historical and theological importance and his valid role as Bishop of Rome (which is not just in Roman Catholicism, but in that elusive Catholic [Universal] Church).
EDIT: Although I realize this will probably never happen, I would love to be able to attend a Papal Mass and receive Eucharist from His Holiness. Unfortunately, as an Anglican, I realize that blessing would not be open to me.