What do we make of Tyler Hamilton?

If you haven’t yet had a chance to see the 60 Minutes interviews with Tyler Hamilton regarding the doping allegations against Lance Armstrong, I’ve included the video below (parts 1 and 2).

So now the question is – what do you make of this situation?  Is Hamilton believable?  If so, what does that mean for cycling?  For the Livestrong foundation?

I’ve also posted this same question over in the Pro Cycling forum on VeloReviews.com.  Share your opinions and thoughts on where we go with this.