Here's the Rove spin

Watch for these themes to be developed over the next few days. This is from Power Line

The media feeding frenzy will, indeed, be massive. But absent a serious claim of a statutory violation or perjury, it's questionable whether anyone apart from liberal bloggers and other pre-existing Bush haters will partake in the media's dog food. This isn't a top presidential aide accepting an expensive gift, or engaging in lewd sexual conduct. It's a top aide providing truthful information to journalists in response to lies told to embarrass the administration and our government. And . . . Valerie Plame isn't very convincing as a covert agent of the United States, although she did fairly well as an agent of her husband and the president's other enemies.

Emphasis mine. So here is the spin to look for over the next few days: the only thing loyal Karl Rove did was to tell reporters the truth about that liar Wilson and his sleazy wife, who Rove didn't know was undercover so he didn't break any law.
So what us liberal bloggers need is our own spin. The truth isn't going to be enough -- it never is these days.
And here is that spin:
Instead of dealing honestly with the American people about Iraq, the president's top aides once again tried to kill the messenger by attacking Joe Wilson's personal credibility. And they are just so incompetent that they outed an undercover CIA agent by mistake.
UPDATE: Digby says just about the same thing as I did, above, but he said it first