Julie's checklist of Gentile privilege makes for excellent reading. If there's one angle through which this Feministe thing wasn't a debacle, it's in the meta-discussion it's generated. The stuff going up at Alas, a Blog, It's All Connected, and Modern Mitzvot has all been excellent.
And in the comments to Julie's post, a link was given to this checklist of White privilege in a Jewish context (the blog itself, "This is Babylon", looks fabulous as well). Particularly in America, the idea of Jews-as-White is very heavily enforced, both within and without of the Jewish community. I think it's bad for the Jewish community as a whole, as it contributes to this image of the Jew (anywhere, including Israel) as part of this lily-White hoard, but unfortunately it is imagery that is very, very common amongst Ashkenazi Jews as well. So it's definitely a good thing to get out into the open.