Investorโ€™s Business Daily puts it all in perspective:

We interrupt coverage of Bristol Palinโ€™s pregnancy to announce that the U.S. has turned over control of Iraqโ€™s wild, wild west to Baghdad. Memo to Barack Obama: Soon you will have nothing left to surrender.

Itโ€™s a good read. Key media observations:

On Monday, while Democrats waited to see if Hurricane Gustav would be another Katrina and the GOP juggled its convention schedule, U.S. commanders formally returned responsibility for security in Iraqโ€™s Anbar province to the Iraqi Army and police.
Maybe you missed it. The New York Times Web page had three stories on Bristol Palin. The Washington Postโ€™s online magazine, Slate, is running a โ€œName Bristol Palinโ€™s Babyโ€ contest. And Us Weekly has โ€œBabies, Lies and Scandalโ€ on its cover.