Well, I spoke too soon. While we're not seeing much romanticising of this war yet, the 24-hour news organizations have started the most dangerous campaign so far - the advertising campaign. It's embarassing when the war is interrupted with 3 minutes of adverts and promos.
It does seem, as QLD points out, that the anchors in this war's coverage are mostly dullards who have nary the skills to deal with live coverage like this and either end up saying something totally stupid or just sitting there slack-jawed watching the footage.
Ultimately, I don't think it's particularly healthy to watch this stuff "live" like this, but it's impossible to know which moments will be interesting reporting and which ones will be boring fluff. The media SHOULD be presenting the news with an eye towards responsible editing to present the facts and feelings, not simply airing everything and patting themselves on the back when after 52 hours of filler they finally get something "juicy" that lasts for 5 minutes. And there IS other news going on in the world beyond Iraq, though it seems awfully difficult to tell from the newsmedia coverage lately.