If anyone is wondering why I'mnot chiming in on this, it is because I dealt with the substance of this years ago: Bare Minimum Christianity
So, what kind of judgements can we draw about Rev. Wright and his church built upon the "black liberation theology" of James Cone? For starters, it doesn't seem to be a particularly Christian church. By that, I mean its motivating principles seem to derive less from the life and teaching of Jesus Christ than they do from the writings of Vladimir Lenin and Mao Tse-tung. The language of Wright's church is not that of grace and the love of God for his children on Earth. Instead, a vision of a politicized church built upon a rather clumsy and simplistic transposition of Lenin's essay on "Imperialism" (itself not a model of intellectual brilliance) is put forward in place of the Christian gospel. Where Lenin railed against the exploitation of the un-industrialized nations by the industrialized nations in a statist version of the Marxist idea of class struggle, Wright/Cone offer a vision of racial exploitation that can only be overcome by the "destruction" of the criminal race (i.e. whites.)
If this is what this perspective is politically, what can we say about it as a religion? From a religious perspective the question becomes what sort of claim such a view could have to being called "Christian" at all. (This is assuming that something being "Christian" is not merely a question of self-identification. For example, whatever variation there might be in the definition of "Vegan," you cannot legitimately claim to be a Vegan if you wear leather and eat veal four times a week.)
In my opinion, it seems unlikely that the political goals advocated by the Wright/Cone ideology can be squared with the bare minimum requirements of religious Christianity. In fact, the Wright/Cone vision requires the direct repudiation of the teachings of Christ. For example, whatever Christianity is it must allow for "Christians" of any race or ethnicity. For Wright/Cone only blacks can be "true" Christians. Christianity has always been built around the idea that Jesus Christ came not as a political revolutionary promising liberation for a specific people only, as many messianic Jews had been expecting for generations, but was instead sent for all mankind. But for Wright/Cone the only legitimate work of God is for the benefit of blacks and blacks alone. Such a view represents not just an "unusual interpretation" of Christianity, but a direct repudiation of it....
For the non-Christian all of this must seem like much ado about nothing. But even an ardent agnostic can legitimately look at the dodgy political ideology masquerading as religious belief in Barrack Obama's church and ask probing questions about it. If we are not allowed to ask the difficult questions including those touching upon the intersection of faith and politics, in a mistaken belief that it is "bad form," how can we ever know what Obama believes about anything?
The results of the various polls on Obama's faith (e.g. less than 50% of Democrats believe he is a Christian) should't come as a surprise to anyone who has thought about it.
Most people haven't thought about it I guess.