I've heard it said that Smearggate will lead to increased accountability for social political blogging and improve democracy.
I don't buy that.
The print and broadcast media is, arguably at least, a professional and regulated democratic platform.
You can't regulate gossip and opinion in the UK and that's the simple reason why Smeargate is nothing more than a very public glimpse into the real world of politics.
Online it may be but nothing's changed since the 8o's rise in information trading.
If you haven't read it, I recommend 'Trading Information' by Nicholas Jones - a fascinating insight into how Gordon Brown does business:
http://www.amazon.co.uk/Trading-Information-Nicholas-Jones/dp/product-description/1842750909
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