From the NY Times editorial page:
“The Supreme Court heard arguments yesterday in a case that has attracted attention mainly because of its eccentric story line: An Alaska student was suspended from high school in 2002 after he unfurled a banner reading “Bong Hits 4 Jesus” while the Olympic torch passed by. But the case raises important issues of freedom of expression and student censorship that go far beyond the words on that banner. “
Read there stance on the case, here.
Here is the transcript of the oral arguments
*The case for the petittioners was argued by KENNETH W. STARR. Remember him?