Report: FEC says no foul in Pickering-Barbour-Vitter contribution circle

The Washington Examiner, not exactly a neutral publication, reports that the FEC has cleared Chip Pickering, Gov. Barbour, and Sen. David Vitter in an alleged campaign contribution shell game reported here in previous posts here, here, here, and here.  The Examiner says:

Federal authorities say there's no reason to believe Louisiana Sen. David Vitter's campaign violated the law by accepting a contribution from a political action committee of Mississippi Gov. Haley Barbour.
Louisiana Democrats claimed the contribution from "Haley's PAC" was really from former Mississippi U.S. Rep. Chip Pickering and that it was illegally funneled through Barbour's PAC to avoid publicity.
But the Federal Elections Commission, in a ruling made public Monday, dismissed the complaint.

I haven't seen the FEC ruling yet, but I do note that this was originally made public back on July 16, 2010.  I'll say that this isn't a refutation of the original charge of playing a shell game with the contribution.  Instead, this reads as "neither contribution was over the limit, and there isn't sufficient proof of hijinks":

In its release, the FEC noted that both of the contributions in question were disclosed and that neither was "excessive or prohibited."