Well, considering he was released and interviewed by a UK news source already, who is incidentally sponsoring his new film, I'd say everything turned out ok. And everything 'reported' was only his side of the story, I'd say the story isn't quite balanced.
Proof? Bullet holes or something to show us that shots were actually fired in the bedroom while they were sleeping? Were their insurgents documented on those tapes? I'm sensing free publicity here, especially since this 'reporter' works for the source that wrote this story.
And, considering the billion dollars and more that is being spent by the US taxpayers in Iraq every week, I don't see how or why a few million dollars would be a great enough point of contention to the millitary to 'take out' a reporter.