Good question; Personally, I don't see any media outlet as having "responsibility to the public", short of inciting violence. The media should, however be allowed to print the pictures that were recently seen of Muhammed without fear of reprisal. Lying in the media would be dealt with by the courts, as the idea of libel-cases would still be around. As long as the newspaper accruately prints information about suspected criminals, that's fine. However, a headline which says "This yob is a grave-smasher!" without having been through the court system would be clearly false, and the medias legal position would be greatly compromised. Essentially, a free-for-all (As much as I hate using that phrase) as long as lying is not present. We believe that the media in all but the most extreme cases in self-regulating.