Back to the Coral Sea battle. Adm. King and his staff in Washington did not believe the intel that was coming out of Nimitz' staff at Pearl Harbor and ordered the fleet moved away from the area. Nimitz basically lied to King about the location of the fleet and so was in position to face the Japanese. They then had to beat feet back to Pearl to get ready for the battle of Midway which was even more important tactically but probably not as important strategically. The Coral Sea kept Australia in the war and the shipping lanes open.