THE COPTIC GOSPEL OF JUDAS is featured in a Time Magazine article that tries way too hard to sound hip. But the factual content looks correct.

A Kiss for Judas
A long-lost 2nd century "Gospel" may portray Jesus' betrayer as closer to a hero than a heel
By DAVID VAN BIEMA

Posted Sunday, Feb. 19, 2006
It could be a passion story as co-written by Mick (Sympathy for the Devil) Jagger and The Matrix's mess-with-your-metaphysics Wachowski brothers: Judas Iscariot, vilified in the Gospels as Jesus' great betrayer, was not merely an Apostle--he was perhaps Christ's closest confidant. Technically speaking, he did drop a dime on Jesus. But there were extenuating circumstances, some having to do with the belief that the God of the Old Testament was not the ultimate God, that this world is not what it seems and ... well, for a full explanation, you'll just have to see the movie.

Er, rather, see the 31-page papyrus tractate.

And here's an interesting tidbit:

[Mario] Roberty [director of the Maecenas Foundation, which apparently owns the manuscript] is cagier regarding its content, to which Geographic owns rights. Photos of six pages supposedly from the tractate were sent several years ago to Charles Hedrick, a scholar with Missouri State University who has attempted to translate and analyze them. But Roberty claims Hedrick's efforts are flawed in that the first four pages actually hail from a different tract bound in the same leather cover.

Hedrick had four pages from another text and thought they were from the Gospel of Judas? That's news to me.