Roger Simon and a select group of others are heading up a new blog syndicate that plans to directly challenge the establishment media in the area of reporting. This could be big whether Simon's group implements it or someone else. George Gilder may have lost his internet investing fortune, but he was dead right in his predictions about the media future, particularly with regard to narrow-casting overcoming broadcasting. You're going to be able to get your news from someone you trust and from people who may have a lot more head knowledge about a particular happening than the cap-toothed or expense-accounted wonder with the NYT or the networks.
See Peter Hannaford's insightful American Spectator article about it here.