Article here. Excerpt:

"The Y chromosome is often seen as the rotten corner of the human genome — a place of evolutionary decline that is slowly decaying and threatening the end of man. Reports of its imminent demise, however, have been exaggerated.

Research has indicated that, far from stagnating, the male chromosome is a hotspot of evolution that is changing more quickly than any other part of humanity’s genetic code.
...
But the first comparison of the human Y chromosome with its counterpart in chimpanzees has revealed that they differ radically. The findings suggest that the Y chromosomes of both are evolving rapidly and dynamically — probably because of their critical roles in reproduction — and have a vibrant future.

In the new research, which is published in the journal Nature, Dr David Page, of the Massachusetts Institute of Technology — who first sequenced the Y chromosome in 2003 — has now sequenced the Y chromosome of the chimp, humanity’s closest relative, and compared this with the human version.

The scientists expected the two sequences to look very similar. However, while human and chimp DNA generally differ by less than 2 per cent, more than 30 per cent of the Y chromosome differed between the two species.
...
“This research shows that the Y chromosome isn’t necessarily degrading, but is evolving very fast,” said Professor Robin Lovell-Badge, of the National Institute for Medical Research in London, an expert on the Y chromosome. who was not involved in the study."'

Also covered on FOX News here and on the NY Times (surprisingly) here.

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Submitted by user lance:

'Offensive title aside ("Y chromosome not stagnating, men not idiots"), the take home is pretty important: while for the past few decades biology teachers and popular culture have derived great pleasure in painting men as genetically inferior. In fact, this attitude is one of the reasons why I took up a vocation with a strong biological component. In my early days, I figured I could "right the wrongs" I perceived or I was taught existed in our genome. Well it turns out the wrongs are not quite so wrong. Similar reporting in "Nature" here.

As commented here (Nature article) and here (TG Daily article), it seems our little Y chromosome is not the unadulterated failure it once was thought to be.'