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I think you've overestimated Hiatt's honesty. He's still a tool of the right.
"The coverup will have succeeded" tells us a lot. I believe it sets up a follow-up later in which we'll start getting inundated by the right-wing noise machine that since the coverup has succeeded, it's time to give up on the issue. What can you do? The coverup was too good! They covered up everything, so there's nothing to see here! No evidence! So we might as well all give up and move to something else, like the danger of the Democrats over-reaching in Congressional investigations. It must be true; David Broder says so (daily!).
And notice that Hiatt's not blaming the President, nor any human being at all (except Gonzales, and that was unavoidable) - no, it's the "coverup" that's at fault.
Incidentally, where's the podcast? I couldn't find it on the site. Is it up yet?
