The Claremont Review of Books has published an interesting review of The Norton Anthology of Children's Literature in their Summer 2006 issue.  In the essay, Dorothea Israel Wolfson makes some pretty strong claims, among them that the anthology marks the end of the children's lit genre, and that the editors of the anthology

"aim in fact to dampen children's enchantment with the world, forcing them to acquiesce to the grim realities and multicultural obsessions of contemporary adults."

On the other hand, Wolfson openly admits that the book is meant to be read as a scholarly work, and is solely intended for college-level students.  This doesn't stop her from accusing the Norton editors of not believing, "it would seem, in childhood itself."  Because of the book's heavy focus on racism, sexism, and elitism in in such stories as Fun with Dick and Jane and King Arthur and the Knights of the Roundtable, Wolfson even goes so far as to say that it is not so much an anthology as a "postmodernist manifesto."  Whew.  Decide for yourself by reading the essay here.