The verdict from Consumer Reports is in, and, to no one’s surprise, it’s the same as every other verdict: filtering software has a high false-positive rate, and doesn’t do a very good job blocking anything as subtle as hate speech.
CR’s recommendations are sound (#1: "Talk it over"), and of the resources they cite, the ALA and GetNetWise seem to avoid the hysterical edge that’s all-too-common when talking about the net and our children.
In fact, the more I look at who GetNetWise is, the more impressed I am.