Here's their intro and make sure to click through to read the answers:
So what should be done? We gathered a group of testing afficionados — W. James Popham, Robert Zemsky, Thomas Toch, Monty Neill, and Gaston Caperton — and put to them the following questions:
Here are their responses. Many thanks to all of them for their participation. I have to admit, I never saw the parallel between tests and French fries before, but now that I’ve seen it, I won’t soon forget it.
Should there be less standardized testing in the current school system, or more? Should all schools, including colleges, institute exit exams?
UPDATE: Here's a new analysis from the Freakonomics blog.