Early reports like this always cause my Skeptical Meter to go off, but you never know.
Edit three hours later: Well, it looks like ol' Liberally Lean smelled this one from a mile away. Before every news outlet goes crazy next time, they might want to check out that the tip came from a "self professed psychic". And did you notice that a judge issued a search warrant based upon his finding of probable cause? That's about par for what's left of the Fourth Amendment.