But this is a good illustration of the blurring of the line between traditional and new media and how the old guard still doesn’t get it.

We need more people reporting on the shady doings of the mortgage industry, not less. That’s what the Mortgage Implode-O-Meter was doing here with its First Amendment rights.

This ruling, if allowed to stand, will have a chilling effect on journalism. It makes you wonder how much stuff company’s or individuals are able to force down off blogs because the threatened folks don’t have the resources or know-how to fight it.

Good for Krowne and the Implode-O-Meter for fighting this. If you’re aware of other cases like this that haven’t gotten picked up the press, drop me a line.

Ryan Chittum is a former Wall Street Journal reporter, and deputy editor of The Audit, CJR's business section. If you see notable business journalism, give him a heads-up at rc2538@columbia.edu.