Daring Fireball has taken a huge credibility hit in my eyes in the last couple of weeks. It's been approaching TechCrunch-style speculation and histrionics.

Yes, he deserves points for for admitting he was wrong - it takes a big person to do that. Personally, however, I would have preferred to see the articles not written in the first place until things were a bit more clear.

Perhaps this is inevitable when your blog suddenly becomes a significant source of revenue?