I used to have a lot of respect for ABC's Charlie Gibson, believing him to be one of the more level headed and impartial newscasters out there. But after his heavily edited interview with Sarah Palin aired, and transcripts if the entire interview became public, it showed him (or his editors) worked very hard to paint a picture of Sarah Palin that fit the narrative of the Democratic Party. They did not create an impartial vehicle as they should have. It will be very difficult for ABC to claim they didn't change the meaning of any of her responses with their editing.
It is “gotcha” interviews like this one that made Glenn Reynolds suggest to anyone being interviewed by the media , and specifically politicians or wannabe politicians, to bring their own camera. If nothing else it will keep the media honest because it will be possible to refute any creative editing they may perform. Out of context quotes will be able to be put back into context with the release of the interviewees own video.
More on the bring-your-own-camera meme at Instapundit.