So this is a little morbid, but the recent demise of Anna Nicole is a really good case study, I think, to show the effectiveness of blogs as a source of news. Within moments of her death, the news had already reached the blogosphere, and there have been consistent and constant updates since. In a matter of hours we have headlines going from "Anna Nicole Rushed To The Hospital" to "Anna Nicole Smith Likely Dead" to "It's Official: Anna Nicole Smith Is Dead" to ones questioning what will happen to her daughter to ones asking about whether she overdosed. There's even footage leaked of her being taken in a stretcher to the hostpital (I'm not going to link to it...). All this happens days before any of the typical celebrity magazine sources can weigh in. It really shows how print media is pretty much obsolete, except as a source of analysis after the event...