Is Assembly Language Obsolete?

Jack Ganssle has an interesting post on Embedded.com regarding the relevance of assembly-language programming in today's world. It's in response to comments regarding a recent posting on Slashdot about unneeded abilities. Read what he has to say on embedded.com. I take a little offense to his comment about "brain-dead low-end PICs", but I supposed he didn't mean it to be negative.