That was a good read. I liked this part:

But on balance I believe the decentralization of reporting and journalism has been a very positive development for the free flow of information — one of the most important functions of our modern technological society.

The last great revolution in disseminating information was the printing press, and in the technological age, those would now be blogs. When I think in terms of American history, I think of Benjamin Franklin and how he would likely love blogs. Now, just about anyone can become a Poor Richard.