Blogs aid news reporting, but likely will not/ought not supplant traditional news outlets. They have, however, made progress in marginalizing the established punditocracy.
Yes, I am reduced to being meta this morning.
To elaborate on Paul’s comment a bit, there is potential for symbiosis with news reporting in the traditional outlets, however long they’re still with us. A specialized blog like this one can contribute to the accuracy and sophistication of the “coverage”:http://www.totalwonkerr.net/1979/pk-in-the-lat it also “feeds upon”:http://www.totalwonkerr.net/2024/a-second-blog. Failing that, it’s also good for “cursing”:http://www.totalwonkerr.net/2038/mis-reporting-north-korea the “darkness”:http://www.totalwonkerr.net/2027/the-disappointing-new-york-times.
In Paul’s case, of course, it’s just not meta, but “death”:http://www.totalwonkerr.net/2033/arthimoth “meta”:http://www.totalwonkerr.net/2032/blog-future.