Here’s just one example of why the Wikileak cables are important and deserve to be released, analyzed, and that transparency in government is valuable. From BoingBoing:
Spain’s Congress is about to vote on a new and extremely harsh copyright/Internet law. It’s an open secret that the law was essentially drafted by American industry groups working with the US trade representative.
The first 35 of the 115 cables have been released, and they confirm the widespread suspicion: the Spanish government and the opposition party were led around by the nose by the US representatives who are the real legislative authority in Spain.
Here’s a link to an English translation of the El Pais article.