As a breed - I'm indifferent But, I'm not really a terrier person. I prefer dogs from the sporting and herding groups. Just a personal preference.
There is nothing inherently wrong with the breed itself. I do disagree with the statement that there are "no bad dogs, only bad owners." There most certainly are dogs that have issues, have a screw loose, or are just unsafe to be around, but that's not limited to the APBT. It is true for every single breed. In rescue work, I've had to put down a couple of Brittanys due to behavioral issues - it's incredibly rare, but happens. It's also true that every single breed has the potential to bite, given enough provocation. Terriers in general are more prone to biting than other breeds. It's a terrier thing. Terriers in general are also more prone to being dog aggressive than other breeds. The Pit Bull is a terrier, so you're going to get a terrier temperament. They are overbred, so it's not likely you're going to get a solid temperament without going to a reputable breeder. They can be very nice dogs when bred correctly - just not my type.
However, what really bugs me about the hype around how dangerous the APBT is, is that often a dog is mis-identified as an APBT. Most folks couldn't pick a Pit Bull out of a group of dog, if asked to do so. Anything that looks remotely like one of the bully breeds and attacks either a human or person, is instantly labeled a Pit Bull by the media, whether it is or not. I always find this little quiz interesting to present to people:
Pick the Pit - Can you find the Pitbull? Folks are often surprised that they really can't pick the pit out of the photos.