Getting too pedantic about what is and isn't journalism leads the discussion away from focusing on the great tools that are being developed to help the average citizen understand the powers that be (government, corporations, etc..).
The
Sunlight Foundation has funded a lot of really great web tools, widgets and applets that show how congress works, track money donated to candidates, expose corporate corruption, and many other areas of coverage that the film noir investigative journalist types might still consider their turf.
Anyone can do good journalism, anyone can do bad journalism. I think talking about who is helping to expose and disseminate new information that is in the public interest (news) is more important that talking about the news industry as such.