Journalism is a means and journey, not an end. Just as our understanding of democracy has developed and changed (universal sufferage, new constitutional rights), so will our understanding of the processes of journalism. Isn't blogging sort of like universal sufferage for journalism? The best we can try to do is figure out ways that journalism can be more transparent, more accurate, etc.I just now discovered Miller's blog, Corante. It's a fine source of ideas and information; check it out.
Instapundit also has good thoughts.