Jared Newman of PC World writes:
"The high drama of Gizmodo and the iPhone prototype it acquired could be heading to the courtroom, as prosecutors try to determine who should face charges. Police raided editor Jason Chen's home last Friday and confiscated his computers and related equipment, but prosecutors haven't pressed charges against anyone involved, and they're still considering whether Chen is protected by journalism shield laws.
In the meantime, there's no shortage of speculation on what will happen to Gizmodo and the person who handed over the prototype iPhone for $5,000, but there have also been a few new details reported since the police raid, some rumored and some on the record as fact. Let's separate fact from speculation"