Anatomy of the Digg Crisis

Totally agreed, I think Kevin Rose made the right choice. Banning the stories at this juncture would have been a suicide.

The users threatened to move on to Reddit, but this does not mean Reddit would have been a beneficiary, it would have to either allow this or show the users door once again.

So far, mainstream coverage has been sparse. Forbes has an article, and some of the British papers do, but the Washington Post and NYT don't have stories. If I had to guess, I'd say that this is huge news to people who know what Digg is, and that it won't attract the attention of anyone else.