We have a new editorial up which says, in part:

it is with regret that we say the deal should be jettisoned. That seems to be where the trajectory of this controversy is headed anyway, and the sooner it happens the less painful it will be for the administration. There are many more important issues on which Bush should, nay must, spend his dwindling political capital, the war in Iraq foremost among them. To realize this is to prioritize, not to panic.

Read the whole editorial here.