In it, but not of it. TPM DC
"We are looking at releasing additional information, details about the raid as well as any other types of material, possibly including photos," he told the network. "We want to understand exactly what the possible reaction might be to the release of this information."
The Drudge Report reported that the decision to release one photo had been made.
The reasons for releasing what are likely to be grisly images of a dead bin Laden, as reported by ABC:
Some of [9/11] families think seeing photos of bin Laden might help their healing. Other parts of the world have also asked to see the photos for proof that the master terrorist is dead.