They've only gone and bloody done it again! The Spectator, the magazine whose Down-Under editors dropped a cool half-million in libel damages -- plus God knows what costs -- over wild allegations arising from the Queensland floods, the British wing of the magazine (i.e. the bit worth reading) has come a cropper, with the rapid rise and fall of Toby Young, ageing post-punk London kid turned conservative turned -- just a week ago -- the government's appointed representative of students, in higher ed management, a position he has already resigned from. Thereby hangs a tale ...

Young was famous for founding The Modern Review decades back, a magazine that revolutionised the way the press covered pop culture, with essays on the oeuvres of John Candy and Camille Paglia, per example, cheek by jowl. The Guardian's G2, and everything like it, sprang from there.