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Whether or not Bonds used steroids or something else that violated MLB's rules I don't know. But it is looking increasing unlikely that he committed perjury, a conviction for which generally requires explicit lying on the stand, not lies by implication.
I doubt that dropped charges or an acquittal would do much for his public image though. He's one of those guys that the media never liked even before the steroids allegations, and they're not going to go out of their way to make him look any better (as I bet they would if there was "evidence" clearing McGwire)
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