The Washington Post carries an article today that is an example of what really great embedded reporting can look like. It's hard to give a sample, because there is so much good material, but basically a reporter went out into Baghdad with a squad of American troops as they tried to use Iraqi forces and Iraqi-provided intelligence to unearth some weapons.
The result, predictably, is a sad failure. All of the troops return to base safe, but the president's claim that the 21,500 new troops shipping to Iraq will assist Iraqi forces, instead of lead them, ends up in tatters. Read it for yourself.