The Press Complaints Commission seems, according to some newspaper editors and media critics, to have already had its last couple of fingers of red eye at the Last Chance Saloon.
The News of the World phone-hacking scandal - or, more accurately, the "supine" way the PCC failed to assert any kind of regulatory muscle or exert any ethical leadership - would seem to be the beginning of the end.
Polling suggests the public no longer believes the press can be trusted to regulate itself - if it ever did. And national editors like the FT's Lionel Barber are now openly musing about the world after the PCC. The Culture, Media and Sport Select Committee savaged it.
And, as we know, newspaper groups that don't like even the feather-light touch of PCC regulation can simply walk away. Taking their money - the money that pays for the whole enterprise - with them.
In that context, this interview with Peta Buscombe - the chair of the PCC - is at the very least eyebrow-raising ... if not jaw-dropping.
Take a listen. Let us know what you think.
