But cabinet seats are worth less than the votes the party has in Parliament. Having someone in a cabinet seat only makes them privy to a few decisions made in cabinet, doesn't give real power, if funding isn't provided for any decisions made as a minister.
It's perhaps good for public relations to be seen to have some cabinet seats, but as snowlady and vesela have pointed out there are areas of common ground (and where the LDs would be more likely to agree with Labour on policies, they're likely to either tell DC they will vote against, or get DC to tone down proposals).
It's really down to them being damned by some people and shouting 'sell out' when in truth, they have a real opportunity to see policies tempered from the extremes either of Labour or Conservative.
Sure there are drawbacks to siding with DC against Labour, but as has been posted, siding with GB isn't a sensible option either. The electorate voted, and Labour lost plenty of seats, so going with the ones 'tossed out of power' is dumb.
Conservative voters will also be considering where they stand on some of their policies being thrown out, or diluted. Labour are licking their wounds, and already talking about how Gordon needs to go before the September conference.
It's quite funny to see views from those strongly against the Lib Dems getting all high-horse. No single party has a working majority, so compromise is the name of the game if there's going to be any stability. Now, time to sit tight and see what happens as we can speculate all we like, but our speculation means nowt really.
Given the demonstration today, and online campaigns for a change to Proportional Representation, I think all party leaders will pretty quickly get the message that not considering it will lose them more votes in future...