An Emperor without clothes: Wikileaks and the limits of American power

Two months into the public disclosure of US diplomatic cables by Wikileaks, what has been their impact? Although at this point only about 10% of over 250,000 leaked cables are available to the public, the widespread reporting on their content in the media, in particular by those outlets with access to the cables in advance, allows spending some thoughts on this question. Specifically, we should like to ask how much remains from the initial claim that these leaks would cause damage to the US.