I like to stream my local county sheriff and PD during the day, it's kind of a background noise (some people like music or TV)... everyday I hear personal information, a traffic stop I will hear the name and address from the driver's license and things similar.
I have mixed feelings about the encrypted radios, it kind of reminds me of gun laws (the only people really impacted are the law abiding citizens). The criminal doesn't care about the law to begin with, if they are going to rob a bank they certainly have no problem breaking the law by decrypting the signal.... go ahead cryptos', flame me about all the super strength cryptology available, in reality the systems are usually quite simple. So the argument of taking scanners away from the bad guys doesn't fly.
That being said, there's no reason they should not be able to encrypt their radio traffic (the public should be able to do the same, but FCC Part 97 prohibits that). I don't believe the media is automatically entitled to listen to the traffic any more than they can listen to the President's phone calls; but because they are a public service records should be maintained and made available upon request.