Personally I think its extremely well done. I can find nothing to criticize about their methodology or in their conclusions. their reccomendations have the potential to become a very good model for other media organizations to follow in their coverage of the Israeli-Palestinian conflict.
http://www.bbcgovernors.co.uk/docs/reviews/panel_report_final.txt Those with a background in mass communications and media content analysis, as well as some basic understanding quantitative methodology will have the easiest time understanding and appreciating all elements of this document.
The study surveys a time period of coverage between august 2005 and january 2006. It does not assert a bias against either the Israelis or the Palestinians, but rather points out weaknesses and definiciencies in coverage that could create misleading impressions and suggests solutions to these problems.