Simon Hughes: What's The Story?

Much of the initial online coverage of Simon Hughes' appearance before the Leveson Inquiry has got the story arse-over-tit, using variations on the headline:
'Simon Hughes: The Sun used phone records to force me to come out'
Though obviously highly relevant to Leveson, this is hardly news.
It was known from the start that Simon Hughes had only "come out" because The Sun told him - blackmailed him, really - that they had phone records which showed that he'd phoned a gay chatline.
The Sun's front page story is missing from their online archive, but here's the interview with Trevor Kavanagh:
Hughes: I've had gay sex' "As Mr Hughes opened his heart during the interview he also admitted phoning a gay chat service Man Talk."
The Independent commented the following day; "It was the revelation that The Sun had learnt he had phoned a gay chat service - Man Talk - that finally persuaded Mr Hughes..."
Okay?
The real story today was something completely different.
It is that the Met were clearly aware at the time of Simon Hughes' outing that News International journalists were regularly illegally tapping into peoples' phones.
And that, rather than prosecute, they covered this up for five years.

Here is the Simon Hughes' Leveson transcript.