The Dating Game

Had a couple of great dates w/a guy who was a friend from yrs ago. A week ago Sunday we saw a movie and kissed at the end of the night. Here's his email after:
I had a really good time w/you tonight. I just have to let you know, I just got out of a 5 yr relationship, and I need to take it slow (I can't believe I'm actually saying that!) Anyway, I think we have a lot in common, and I really like you. Just understand that things are still a little tough for me. So give it time, and don't feel bad if I act a little standoffish for now (but no more so than I have been already.)

I responded that I appreciated him wanting to take it slow, and I really like him too. I said we should just have fun getting to know each other. I also said he would have to take the lead on this.

He hasn't asked me out since, although he was out of town this past weekend. 

 My questions: Was the kiss too much for him?  What does "taking it slow" mean in this case?  What do I do now?

I do not think the kiss was too much for him.  I think it was good of him to be up front with you on where he is with a new relationship.  Please listen to him and take him at his word.  He likes you, he wants to spend time with you and he does not want to rush things.  If you feel the same way, just enjoy getting to know him.