In which Time Magazine asks: With the end of the Bush era, is Fox News the equivalent of yesterday’s news?

Fox is still the top-rated news channel, but there are signs it’s plateauing. Its ratings started to lag in 2006, and in February, CNN’s prime time (boosted by several presidential debates) beat Fox among 25-to-54-year-olds for the first time since 2001. (CNN and TIME are owned by Time Warner.) Maybe even more galling, the network has lately faded in the ephemeral category of buzz. MSNBC–with far fewer viewers–has been the political-media obsession of the 2008 primary, largely because of feuds between the Clinton campaign and the network for its perceived pro-Obama bias.

Ratings shmatings: if a Rupert Murdoch network cannot dominate the field of ticking off the Clintons, that has to sting.

And for those of you expecting the Sweet instead (and good call), don’t want to disappoint…