I've been doing lots of updates using the new Bing imagery; it seems to be pretty good and it's invaluable for filling in details of places that are difficult or impossible to physically survey. Today I've updated some mapping of the town of Somersham, which I mapped from survey a while ago.
I don't think having aerial imagery really detracts from the fun of exploration; it does mean that some "low hanging fruit" disappears because detailed GPSing is not required. But for footpaths, bridleways, places that have changed recently, postboxes, bus-stops, etc it's still necessary to survey in person. And this is some of the "added value" detail that makes OSM so useful anyhow.
Discussion
Comment from 0123456789 on 1 January 2011 at 21:40
Where I am quite a lot of bus stops having big "Bus Stop" lettering in the road - so even these can be Bing mapped!
Comment from compdude on 2 January 2011 at 22:20
It's nice for mapping roads in, say, a new housing development. But to find out the names of the roads, you still have to go survey that area. At least it's more up-to-date than the Yahoo imagery :)