Much of the press , including the New York Times, is "deeply disappointed" that Time, Inc. decided that it would obey the law after all. Time, Inc. gave up some of the information wanted in the investigation about whether any laws were broken by government officials in "outing" a CIA operative. Journalists think that breaking the law is okay, provided you are doing so while committing journalism. (They probably got that goofy notion from Hollywood movies.)
Of course, if it turns out that someone in the administration did, indeed, break the law, it will just make their day and we won't hear so much about the sanctity of the press for a while.