Almost entirely online news sources for me for most things. I do also listen to NPR All Things Considered on the way home sometimes. Certainly The Daily Show. Don't laugh -- there have been lots of studies comparing them to "traditional news programs" that found that TDS actually has more hard news stores with more details than those on the big four networks and CNN!
And, on Sunday mornings I get my political junkie fix on and do the morning show circuit.
All in all, though, for everyday news my primary source is certainly online. Both "traditional new sources" via their web sites (CNN, NYT, WaPo, ABC, etc, etc, etc) and non-traditional (blogs).
Definitely would say that, by and large, the good blogs are better than the best traditional sources (as far as depth of research, explaining the issues in detail, and digging out the truth). As with anything on the Internets though, there is a ton of crap so you have to know where to look and read skeptically.