Fair and Balanced? Yes if you are totally INSANE.
FOX News is good entertainment but terrible journalism. I tend to watch it more than CNN because it's more entertaining to hear Bill OReilly or Sean Hannity (not to mention some of the news anchors!) ranting about "those darn lib'rals!" than the somewhat more balanced and thoughtful reporting I find on CNN. The BBC is better than either by far but it's on the radio and I'd miss the car chases.
"THIS IS A FOX NEWS ALERT -
A POLICE DOG HAS BEEN FOUND TO BE SNIFFING MICHAEL JACKSON'S BUTT"
But what REALLY intrigues me is that during the MONTHS of coverage of a news story such as the Peterson murder or the WEEKS of Natalie Halloway in Aruba, hundreds of thousands died from horrible diseases caused mostly by the lack of abundant clean water in the poorest countries. A fool will suggest "well, that type of ongoing, tragic, and catastrophic death is not really NEWS". Oh, really?