I'd Rather be an anchorman...

Yes, did you catch the clever reference? This entire CBS non-story is brilliantly timed and executed, and there are a few things that few people seem to be considering or addressing.
1. This story about the memos being fakes broke at a crucial time for the !President, when his poll numbers were really beginning to slide and the story regarding his "missing year" in Alabama had gained some real traction with the people and the press.
2. The story that CBS reported has not been discredited directly. Indeed, the questionable memos are just a part of a large pile of evidence whose sole conclusion is that Bush did NOT serve the time that he was required to in the National Guard, and indeed was penalised for failing to report for training on several occasions.
3. SOMEONE gave CBS those faked memos. This wasn't a clerical error. This was a deliberate attempt on the part of one or more persons to cast doubt on the whole of the story, and to say that the timing is convinient is an understatement. I don't subscribe to the theory that Rove or one of his elves masterminded this coup, if only because there has been no link demonstrated or proven. That's not to say that I don't find them capable of doing so. If these pigs can sink McCain and Cleland by similar sneak attacks of innuendo and false charges, they can certainly engineer something like this.

And poor CBS. The state of journalism in the mainstream media of America is disgusting, decrepit, and any number of other d-words that mean it doesn't work. Discombobulated, there's a fun one. In the wake of the shocking success of Fox News's "We Smear, You Concur" style of reportage larger outlets with genuine respect have fought hard to equal them, sometimes imitating line for line their tactics. The worst is the "he said she said" method, in which no investigation or even thought is required, but the words of polished party hacks are aired without context or inspection. That CBS was duped is regrettable, and the investigation into the Hows of this case will be illuminating for journalists across the country. But Dammit, they were at least doing some genuine reporting! Despite it's flaws it is a step in the correct direction, but it will be ignored because the story is no longer how Bush failed to serve even in the most minimal of ways, but that some copies of some documents from the time were from questionable sources.

Witness at once the brilliance of the Bush machine and the total incompetence of the media.