There is a good podcast up on Skeptico that sort of deals with this subject. The discussion continues for a good 40 minutes. It talks not about the Randi experiment but more about the problems with parapsychology.
Skeptiko - Science at the Tipping Point
Don't be turned off by the name of the website. The host of the podcast is very open minded and has guests from both sides of the fence on to discuss their research.
Quote from the current podcat: "Guest: Dr. James Alcock explains why he remains skeptical of parapsychology research, and why parapsychologist don’t garner attention from academia: "… if one could come up with good data that showed there’s something to it, the parapsychologists would be trampled by psychologist and physicists rushing to the study of it.""