But the one thing that I think is very important is that we not get mission creep, and we not start suggesting that we should have troops in Iraq to blunt Iranian influence.
The fall in sterling will also blunt deflationary pressures that might otherwise exacerbate the credit crisis, since when prices start falling the burden of debt rises in real terms.
Once the app model takes hold, some people will start playing with their content options at a level of granularity that will make the DVR look like a blunt instrument.