Charles Kuffner points me to an interesting story about a reporter running a pseudononymous blog, getting caught, and being forced to take it down.
This touches on a whole variety of interesting issues. First, I don't see any problem with his doing this, at least until he got caught. Once it was discovered, given the current ridiculous adherence in American Journalism to this fake notion of "objectivity," I suppose it had to go. I also guess that expressing too many opinions might make it hard to do your job as a reporter by making some of the people you're supposed to report on a little unhappy.
I do think that a move to European-style journalism is preferable. We have been moving towards it - but we haven't yet been honest about it.