The Pajamas Drop, II

Joe Gandelman has a round-up of reaction. Rick Moran clears one thing up:

There seems to be the notion abroad that PJM “betrayed” bloggers who signed up. And this from conservatives on a conservative website? PJM and bloggers like me entered into a contractual business arrangement. The contract simply said that PJ Media would use our websites to place ads while the participating bloggers received renumeration for their consent. There were no promises made in the contract – stipulated or otherwise – that the arrangement would last forever. Bloggers who went with PJM rather than another ad company made a business decision. The market has had its way and has now spoken. How this constitutes a “betrayal” is a mystery.

Wolcott, meanwhile, can't help himself:

Were there a men's cologne on the market called Schadenfreude, I'd be judiciously dabbing some on right now, savoring its woody musk.