I hate to say I told you so (actually I love it, like everyone else) but when the twittersphere was exploding at news of swivelgate on Saturday I predicted that it would soon come to be seen as a storm in a wine glass.
So it has proved. After Cameron's solid Today programme interview this morning, the wagons have moved on. Nobody has been shot.
That's not to say that the affair hasn't left rancour and bitterness in its wake, among the press - whose members have been called liars - and possibly among Tory activists (I don't know any so can't comment, although I suspect they are more exercised about the horrifying prospect of a future queen getting engaged to lesbian corgi). But it's of the low-level, non-flammable kind.
One reason this didn't go far is that there was no tape, and hence no proof and no pictures or audio to go with the story. Another reason is that asking the public to judge who is more likely to be lying, politicians and journalists, is like asking a farmer to say which is more bovine, a bull or a heifer.
A third reason was the affair bore too close a resemblance to the Andrew Mitchell affair for it to be taken seriously. While I understand that it must be enraging to be unfairly accused of lying, the press rather dug their own hole when they led the public to believe that the allegations against Mitchell were almost certainly true, by reporting it with a heavy skew that way and penning endless editorials protesting that stout-hearted members of the constabulary would never tell lies, as had been shown beyond doubt in the Leveson and Hillborough inquiries, oh wait.
Over the weekend I saw a lobby journalist explaining that Feldman was in big trouble because this was just like the Andrew Mitchell affair, where "the perception" was that he said it, and the perception is all that counts.
He was, of course, missing the point (while blithely ignoring the role that he and his colleagues play in creating such perceptions), which is that insofar as they noticed, the public did clock that Mitchell turned out to be unfairly traduced. So now they think, well, if cops can lie, journalists can definitely lie, and who cares anyway, I'm off down the pub with Nigel Farage.
It is to Mitchell's credit that he successfully cleared his name, but it is Cameron who turns out to be the beneficiary.