What is the exact tone of the sentence?

NIK   Wed Nov 21, 2007 7:11 am GMT
The accident merited only a small paragraph in the local paper.
------------------------------------------------------------------------------
My confusion with sentnece results from the word "merited" .
Mu understanding is:
The fact that the accident got a small paragraph in the local paper is regretable and not satisfying; it deserved to have got more paragraphs of coverage. (a tone of regretfulness)
Is my understaning right?
Guest   Wed Nov 21, 2007 7:34 am GMT
I agree with your interpretation. The literal meaning is that that's all it deserved, but sentences like this are usually ironic.