I believe exactly squat regarding the MSM views on Chavez.
Here is the analogue to the RCTV situation:
CNN is owned by Ted Turner. Say that Ted Turner and 50 of his richest friends in the media don't like the President of the United States, so much so that he directs CNN management to run the following stories (real stories from RCTV, by the way):
"Revolt against the President!"
"The President directly ordered the murder of innocent civilians!"
"The Presidency is illegitimate!"
"Military officers should arrest and detain the President!"
Now, this is the biggest media outlet in the country. This is their CNN and ABC combined. They are running the previous four stories, without interruption, for three months straight. CNN starts printing protest signs saying "Assassinate the President" and handing them out from their offices in New York (RCTV also did this). Riots start, centered around the CNN offices. Rocks and Molotov cocktails get thrown, and a few people get shot.
CNN also goes out and finds retired General Tommy Franks, and starts running the following stories:
"General Tommy Franks is the legitimate leader of the United States!"
"Install General Tommy Franks as President!"
You are President Bush. What do you do?
The whole "Chavez = teh Hitlar!!!1!" meme is for suckers.
(Note to the Secret Service: I am saying the above to illustrate a point. In no way do I advocate or sympathize with anyone who espouses the assassination of the President. Thanks for listening.)