The undergraduate program was ruled unconstitutional; O'Connor tipped the balance the other way this time.
At least the principle is upheld that you can use race in admissions; it's just defined ever more narrowly. Pity the poor admission's officers who have to figure this one out.
Here's how NewsMax reports this; take a look at what the news would look like without that annoying liberal bias:
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The Supreme Court today upheld a law school's racially discriminatory admissions policy but struck down a more blatantly biased undergraduate admissions policy.
It gets better.