I kind of agree - though i think with an event like the tsunami etc, then fair enough, dedicate a lot of time to it. But the way I see the Pope's death is, he was an old man who had been ill for a long time. Obviously it should still be the main story but they had already repeated the same stories over and over whenever he was ill over the last year or so. I just turn off now because they aren't telling you anything new, it's the same old archive footage and people in St. Peters and Krakow saying the same things over and over. ... maybe I'd feel different if I was a catholic.
On the other hand, a lot of news is not that interesting and some of the items they have on are so obviously time-fillers. They'll still report any genuinely interesting or important stories today, just taking a lot of the waffle out.