This morning, a nefarious ‘iReporter’ posted a fake story on CNN’s citizen journalism website claiming that  Steve Jobs had suffered a massive heart attack and was being rushed to the hospital. As expected, mild panic ensued, bloggers and journos scrambled to get to the bottom of the story, and Apple’s stock took a quick dive before bouncing back. The story has since been denied by the Apple people and taken off of CNN’s site, and things are pretty much back to normal, as Apple fans (and shareholders) let out a group sigh of relief. But more than just creating a bit of Friday morning buzz, the events today intensified the debate over citizen journalism and how much faith we can have in the system of open reportage. David Cohn, Director of participatory journalism site Spot.us and Editor of Broowhaha.com, shared some of his thoughts on the issue:

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