ABC News has full text of Rep. Mark Foley's IM exchange with the unidentified 16-year-old male page. Details include Foley questioning the 16-year-old about how often he masturbates, what technique he uses, how long his penis is, and so forth.
The boy's identity is protected and hopefully will remain so. Foley has already resigned and may face prosecution. SO . . . why revel in schadenfreude? As others have pointed out, there is far more to this story than one Representative's fall. There's plenty of disgrace to go around (New York Times: GOP Aides Knew in Late '05 of E-mail).
This scandal has the potential to capture the public imagination, to wake up a few of those 33% who still back George W. Bush, to make them see the corruption rife within the party. But, as neologisms go, "PageGate" will not sear itself into the public consciousness.
Might I suggest MasturGate? My sincerest apologies if someone else got to the name first!
Cross-posted with e-mail quotes at my place.