The big show down now is whether or not to prosecute those responsible. Obama, at first blush, says no. Though some believe that really he's leaving the door open by splitting hairs. I'm not sure. I do know Obama is very smart, very shrewd, very strategic. So he isn't making any decisions lightly.
Keith Olbermann is urging Obama to prosecute (see below). I have mixed reviews. I believe people who mistreat people in that way should be held to justice, but I admittedly have a hard time seeing the former President (no matter how awful a leader I thought he was), fall so hard. In the end, the public outcry is strong enough, Bush and those responsible for torture will see justice done.
Andrew Sullivan at the Daily Dish does some nice recaps about the memos and the blogosphere's reaction.