Via Instapundit, Michael Totten draws some conclusions about the future of journalism from his independent reporting from Iraq:

The mainstream media is an industry in decline. The audience shrinks every year. Profits circle the drain. Budgets for foreign bureaus and correspondents have been gutted stem to stern. Most journalists are paid pitifully low salaries even in good times, and freelancers are paid even worse. Striving to become a part of all that may not be the brightest idea if there