What a disappointment. The Times made a competent case for Hillary, and they made it clear that they had a great deal of respect for Obama, but I think the endorsement is the safe choice, and an uninspired one.
I don't like her on health care, I don't like her on education, and her whole involvement in video game violence a few years ago didn't endear her to me at all. She's the closest thing we have to a status quo candidate, and it makes me sad that we may be squandering a great opportunity for change.
Policy aside, were Hillary to get the Democratic nomination, I think she'd be more open to a Republican defeat than Obama would. People just don't like her; I've heard more than one person promise to stay home on voting day if she gets the nomination. Obama inspires voters, and that's important.
They also endorsed John McCain as the Republican candidate, for what that's worth.