It sounded suspiciously like another leadership campaign speech, but no, Rudd insisted that he will toil tirelessly to help get Gillard re-elected. As for his decision to challenge her, it was a selfless one, really. "I believed it was the right thing to do," he explained.
Apparently channelling Anna Bligh, the hapless Queensland Premier trying to fight a state election campaign in the middle of all this, he went on: "I knew it would be tough, but I wasn't about to squib it. We Queenslanders are made of tougher stuff than that."
It was vintage Rudd - boastful, presidential, faux folksy.
And before gliding off, cheesy smile fixed in place, he thanked his wife, Therese Rein - "Love you to bits" - and his children, including daughter Jessica, who will be having a baby in May, he confided, and son Nick, who is getting married in April. Because he's big on family, too, you know?
Then it was Gillard's turn to front the media, and she began, somewhat unexpectedly, by picking up the "isn't Kevin great?" theme. Rudd had led Australia through the global financial crisis, apologised to the Stolen Generations, been "an amazing advocate of Australia's interests on the world stage" and chalked up "many other remarkable achievements", she declared. Phew, maybe this man should be prime minister? But Gillard quickly made it plain that she was back in charge, now that Rudd's little tantrum was over. And she said she knew that voters had "had a gutful" of the Kevin and Julia show - a show that had "at times been ugly".
"I can assure you that this political drama is over," the Prime Minister said firmly, in words addressed to Rudd as much as to the public.
In a gutsy and gracious performance, Gillard also dealt with the two issues she knew would be at the forefront of people's minds.
One, can she beat Tony Abbott? "I absolutely believe united we can win the next election."
And how does she feel? "I feel impatient. Because I want to get on with the job of building this country's future."
So for now, a truce. As one Labor MP was quoted as saying in yesterday's Australian: "I am sure we will all hold hands and sing Kumbaya for a while, until it all starts again. If the polls change in our favour, then we will keep singing Kumbaya, but the reality of that is very unlikely."