Agreed- which puts Libby/White House in a difficult position. If he took it to trial- he might well be found not-guilty. If he took it to trial it would ALSO keep this front and center for the libs/media for 3 years. So- Libby may have to take the hit and go to federal prison for a year or so?
Did you hear Greta say earlier that the judge it was sent to worries her... he's a hanging judge, goes for the full monty on sentences.
He might want to plead out.
However, if his lawyer thinks he can completely reconcile these--and we HAVE NOT heard his side of the story yet---and keep a jury focused (which will be the tough part), he might want to roll the dice and go to trial.
Remember, though, you will have 12 possibly not-so-bright people trying to follow convoluted stories of who said what to what reporter and then it's a crap shoot.