Yep. This is exactly right.

From a review of Misunderestimated:

After presenting tales of horrific cruelty commited by the former Iraqi leader, Sammon delivers a devastating, damning indictment of the American media's shameless pro-Saddam coverage. From Dan Rather's cozy interview with the dictator, to CNN's acknowledged complicity in terrorist cover-ups, to NBC's delayed dismissal of brazenly traitorous Peter Arnett, to the gross Washington Post mishandling of the Jessica Lynch story, Sammon details how "Bush's showdown with Saddam [has] left the American media's reputation in ruins." Besides the "embeds," whom he praises, Sammon characterizes most of the media elite as irresponsible and narcissistic.

Unsurprisingly, the "disastrous coverage" of an unrepentant press continues unchecked today as "the only major institution in America able to dodge such scrutiny." By failing to overcome their personal bias against the president, members of the press not only jeopardize their personal and professional integrity; Sammon says they also endanger our national interests.