I'm of the anarchy-with-results crowd on this. So there was a
bad bio. Big deal. It's been corrected. Most information sources
get big stories wrong on a much more frequent basis. Ask anyone who
deals with reporters: the majority of stories have at least one
detail wrong. The Wikipedia model, if not abused for propaganda,
allows folks with more knowledge to contribute to the project,
usually producing a more complete entry that would require hours of
searching by the lone web surfer. And when there is incorrect
information, it's usually quickly fixed. Millions of readers means
millions of editors. Granted, the risks are high. But the users
should take Wikipedia for what it is: a highly accurate committee
product. All readers should use it with a sense of caveat emptor --
and double-check sources and claims. To that end, nearly every
Wikipedia claim is backed by a footnote.