It's getting lost in the buzz-worthy reversal on stem cells, but I think the bigger news of the day is Obama's rejection of the Bush administration's war on science:
I am also signing a Presidential Memorandum directing the head of the White House Office of Science and Technology Policy to develop a strategy for restoring scientific integrity to government decision making. To ensure that in this new Administration, we base our public policies on the soundest science; that we appoint scientific advisors based on their credentials and experience, not their politics or ideology; and that we are open and honest with the American people about the science behind our decisions. That is how we will harness the power of science to achieve our goals — to preserve our environment and protect our national security; to create the jobs of the future, and live longer, healthier lives.
Now if he could only take the Economist magazine's advice and end the "illiberal, murderous and pointless" war on drugs that is threatening to turn Mexico in to a failed state.