The "Truth to Power" argument I'm sure they would make really looks like the refuge of a scoundrel when you look at the majority of their output - it's selling sex, sleaze, snark, and cynicism. All of these are just from the last week or so, and I think it would be tough to defend most of them:
http://valleywag.gawker.com/google-boss-enjoys-15-mil-manhat...
http://valleywag.gawker.com/sean-parkers-wedding-tackier-tha...
http://valleywag.gawker.com/silicon-valley-gets-4th-on-deman...
http://valleywag.gawker.com/the-startup-crowd-is-becoming-an...
http://valleywag.gawker.com/path-app-creator-calls-spanish-t...
http://valleywag.gawker.com/you-can-still-view-eric-schmdits...
http://valleywag.gawker.com/the-many-women-of-eric-schmidts-...