Agree. Libby didn't break the law, right up until he lied (aleggedly) to try to protect either himself or his superiors (from what is anyone's guess, but perhaps from the smear that the leftist media would all but certainly attempt to perpetrate on them). If he lied, then he was as dum as Martha Stewart, and the thing to do is cut him loose for now and pardon him on January 19, 2009.
Kind of puts a new spin on the old formula, "I respectfully decline to answer on the grounds that it may tend to incriminate me." ( I.e. because my answer would be a lie. )
But seriously, isn't this just the kind of inquisitorial proceeding that the fifth amendment was designed to prevent? Why shouldn't all the White House figures plead the fifth? It's the purest logic. Why is this any different than putting a guy on the stand and asking him, "Did you do it?" and then throwing him in jail for perjury if he says no.