David Cameron has already decided how he will respond to Mr Justice Leveson's report on Thursday. Only he and his closest aides will know the details but it will stop short of the one thing he can't afford to do - turn against him the very people he wanted investigating.
Using the most finely honed of political tools such as compromise, lobbying and outright spin, he will do the political equivalent of something more needing of Sarah Beeney than Andy Coulson and refurbish the now legendary Last Chance Saloon.
There'll be a new sign outside, last orders may be called earlier, and there may be bouncers on the door, but there'll be no immediate change to Fleet Street's licensing laws. Not just yet.
At least they were the key points I noted as my contribution to a discussion on Leveson's Legacy last week. Made, appropriately enough, in a rather historic Fleet Street pub called Ye Olde Cheshire Cheese.
If I'm wrong, I'll buy the next round.
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