We keep hearing from people who should know that some Republicans outside of the White House — and some inside — are being much too dismissive of the indictment of Lewis Libby and its potential repercussions on others down the road.

“This investigation is not over,” says an adviser to the White House. “The indictment was meant to send a very clear message, and if people haven’t figured it out yet, and they are breathing a sigh of relief, then they are in for a very bitter surprise.”