I had to cut into the music discussion for a second to gasp in disbelief: Obama the Nobel Laureate??
If he's smart about this, he'll politely decline the prize, for all the reasons listed here, among (I'm sure) many more good reasons.
UPDATE: My favorite internet reaction to the news thus far:
"YO OBAMA, I'M GONNA LET YOU FINISH, BUT I JUST WANNA SAY THAT MARTIN LUTHER KING JR WAS THE BEST NOBEL PRIZE WINNER OF ALL TIME."