For anybody who hasn't seen this (And if it wasn't for the glory of the internet, I wouldn't have) , It's an interview with John Hammond conducted by Homer on ESPN 540 Milwaukee. (Never listen to him)
John Hammond Audio: MP3 [Frank says: here's a straight link to the interview]
And yes, that's a link to a link to another link. Go crazy.
I thought it was a pretty straightforward interview, Homer asked the questions people want to know plainly.
(Check out the RealGM, thread too, some people bring out some great points)