The Gawker Effect is that journalists are now, for perhaps the first time in modern history, contemplating if a news story that is going to print is actually news, or merely gossip. I don't think the Hogan or Kelly stories should have been printed. They're gossip about someone's private life. Even if they're in the public eye, I think they do deserve privacy, and media publications should avoid reporting on what happens in bedrooms.
I agree, and when the media reports on something that may be illegal, or harmful to the public, that's news. A videotape of a man's private sex life is not news.