Debate over Wikipedia

When first reading the Fasoldt article, I agreed with him on the fact that since anyone at all can edit a page on Wikipedia, it wasn't really a reliable source. Afterall, the site issued a disclaimer itself that they make no guarantee of validity. However, the blog entry from TechDirt made some good points in stating that yes, anyone can post, but there is most likely a whole community of people out there who will be able to correct misinformation. And Wikipedia states that they are able to correct "cranks" almost immediately. I think that most people using Wikipedia are not malicious in their intent and will not purposely put false information out there. If something is posted that is a mistake or untrue, those who spend their time looking over the site will catch it and correct it. Wikipedia seems to have taken proper precautions in making their encyclopedia credible. For example, previous versions of articles are available to go back and review. This might be helpful in verifying some facts.
It is important to note that many of the articles are under construction, or may quite possibly have wrong information. I would say that Wikipedia can be used as a source, but not the sole source. It is best to use this if you have some previous knowledge, or some way to back up information.