Excellent Dilbert cartoon in the Sunday paper today http://dilbert.com/comics/dilbert/archive/dilbert-20050821.html
The willingness to blather on, treating opinions as "news" and the mutual masturbation between the"pundits," anchors, and other assorted talking heads is probably at the top of the list why many people have moved away from the news networks. (Fox too, although criticized as "right wing," I think they're more populist than libertarian or conservative). A good example of the MSM failure was the withdrawal this week of the Israelis from Gaza. Powerful images, but nowhere in the legacy media have they really explained why Israel's is doing this.
Scott Adams has always had a good take on working in cubeworld, it's good to see him venturing out. Mr. Adams' criticism is on target as far as I'm concerned, especially with the recent admission by AP that it's too dangerous to get the real story in Iraq. Didn't stop Stephen Vincent (may he rest in peace)... well, actually it did, but the fact is, that rather than compromise and get half the story he went for the whole story.
On a much brighter note, Michael Yon has been doing bang up work in Mosul. Check him out if you haven't already. He's definitely worth a donation.