The Speech

...was very well-received by the media.
NYT:

As the crowd cheered its approval, Ms. Palin went on: “I might add that in small towns we don’t quite know what to make of a candidate who lavishes praise on working people when they are listening, and then talks about how bitterly they cling to their religion and guns when those people aren’t listening.”

Nice one! And,

Ms. Palin also displayed humor in one of her biggest lines of the night when she said that “the difference between a hockey mom and a pit bull” was “lipstick.”

WaPo:

She Shoots! She Scores! A Hockey Mom's Moment

and

Alaska Gov. Sarah Palin's acceptance speech wasn't brilliant rhetoric, and she's not entirely accomplished as a public speaker, but she put herself over with slick, self-assured skill. To those in the hall and probably to millions watching at home, she came across as genuine and down-to-earth, a self-described "hockey mom" whose confidence and bravado were not exactly ingratiating but were somehow persuasive.

She even told a pretty good joke, with a slight hint of self-mockery: "The difference between a hockey mom and a pit bull? Lipstick."

Time:

You practically expected Sarah Palin to wear a cape when she landed center stage Wednesday night. She was like a one woman Fantastic Four, her faults invisible to the faithful, her strength deployed to close a 20 point white voter gender gap in key swing states, her blazing novelty enough to ignite the hall, and her biography so elastic that everyone from the gun owners to the PTA moms to the Pentecostals to the first timers felt warm in the embrace. "Sa-rah! Sa-rah!" the delegates roared, and the hall that felt like a tomb on Monday might as well have seen the Second Coming of Ronald Reagan, so ecstatic was the crowd.

So she seems to have wow'ed the media, but careful! The media loves drama; they love to build people up, then tear them down. And then build them up again and call it a "comeback." So there are bumps in the road ahead.

But this morning, Sarah Palin is the most popular woman in the country.

UPDATE: here's more from politico.com:
Media Swoon Over Palin's Fiery Speech