Principal $G$-bundles over elliptic curves

Let $G$ be a simple and simply connected complex Lie group. We discuss the moduli space of holomorphic semistable principal $G$ bundles over an elliptic curve $E$. In particular we give a new proof of a theorem of Looijenga and Bernshtein-Shvartsman, that the moduli space is a weighted projective space. The method of proof is to study the deformations of certain unstable bundles coming from special maximal parabolic subgroups of $G$. We also discuss the associated automorphism sheaves and universal bundles, as well as the relation between various universal bundles and spectral covers.