I believe perceptions are shifting about Watergate. The press has desperately tried to revive the old anti-Vietnam peace marches against Bush, and they have failed. They have also tried to use the old propaganda techniques first used during the Watergate crisis (loud shouting on TV, huge headlines in the papers, the same lies repeated every day and incrementally expanded) and that has failed too.
It has failed with the chads, it has failed with Enron, it has failed with Bush's National Guard service, it has failed with Iraq, it has failed with Abu Ghraib, it has failed with Guantanamo, it has failed with weaponsgate.
Now they have gone back and revived Watergate itself, and that, too, is failing, right in front of them. At most, everyone is yawning.
When they pulled off Watergate, the press had credibility and the Democrats had credibility. Now, they are both known to be worn-out pimps and liars. Who cares what they say, other than their fellow ranters?
Those that I know on the left just would love to revivce the "good old days" of anti war peace marches. Most of them are living in a 1970 time warp although they talk about current issues.