The December 2009 issue of the Washington Lawyer has the best article on affirmative action I've ever seen. To read "The Future of Affirmative Action," by Joan Indiana Rigdon, click HERE.
I wish the general media published more articles like this. The only reason I found this particular article is because of my affiliation with the D.C. bar, but there's no reason why the general public shouldn't have better access to reasoned, balanced discourse.
Update: Shelby Steele's thoughts on affirmative action are definitely worth reading. See HERE for more.