The episode's not really bad. My only problem is the SpongeBob abuse and possibly because I've seen the episode's plot and conflict, done too many times.
Usally, someone gets the idea to start a newspaper business, and makes stories which ticks off people.
It wasn't that bad, but not all that good. The Spongebob abuse wasn't handled terribly well, and the idea of the Krusty Krab having its own newspaper is rather odd (but then again, so was Krusty Towers, and that's one of my favorites). So, eh, it was ok.