So Scooter Libby has been indicted (PDF file on that last link, but it's the indictment proper: you'll want to read it anyway, because I'm going to be making reference to it frequently hereafter). No big surprise there, but we'll come back to Scooter in a minute.
Unca Karl, on the other hand, is still twisting in the wind. (And, if you want my private opinion, figuring out just exactly how many beans he'll have to spill in order to (a) avoid significant prison time, and (b) avoid burning every last bridge he has with anyone who might still want to hire him once he gets out of prison--or pardon him to keep him from having to go there in the first place.) From the WaPo story linked above, and from other snippets floating around Blogistan, it would appear that Patrick Fitzgerald ain't done yet by a long shot. He's still talking to people and trying to piece things together. So I think Right Blogistan can forget about getting this mess over with in a weekend news cycle, and they'd best hunker down for a long winter of discontent. One can only hope that we'll come out of it, Watergate-like, in the spring, when the vice president is sent up the river and the preznit resigns. Hopefully Fat Denny will have been impeached or un-elected by then, too, for the trifecta.
But back to facts (or at least allegations: this is the reality-based community, after all, and we must be careful of things like that). Scooter Libby should never have been allowed to resign: Cheney should have fired his ass as soon as Fitzgerald stopped reading the indictment. Ultimately, I doubt it will make that much difference: Libby's days as a person of power and prestige are as over and done with as Valerie Plame's days as a covert asset for the CIA--another story you can read at the WaPo, by the by.