In honor of SXSW-interactive and the prevalence of twitter here, I'll give my brief take:
"Is the Checklist Mightier than the Model?"
In a word: No.
Checklists are useful.? Just because we have lots of new-fangled tech and old tech like MS Project or Rally or what-have-you, doesn't mean a checklist won't help you get through your day or get things done.? But it is a complement not a replacement, and it isn't a competition at all.