"Modest But Helpful…"
That's blogger (and occasional Reason contributor) Chris Mooney's conclusion on blogging's contribution to journalism.
Now that we can survey more than a year of high-profile blogging, it's clear that the practice is best understood as a modest but helpful complement to mainstream journalism. Blogging has the following virtues: candor, a sense of humor, intellectual honesty (in the sense of confessing immediately and openly to mistakes), and an open-mindedness to different points of view (there are limits to this, of course).
Read his whole piece, which ran in The Pittsburgh Post-Gazette.