I definitely recommend Nathaniel Branden's essay about the benefits and hazards of Objectivism. He seems to be a very reasonable person who, like many, became an overzealous objectivist upon first encountering the philosophy, then got over it as he grew up, and developed a philosophy that had much in common with O, while being less dogmatic and extreme.
http://www.nathanielbranden.net/ayn/ayn03.html

Personally, I've always been a libertarian and never been an Objectivist, and while I appreciate some things about O, I'm disgusted by the current leaders of the philosophy (ie Piekoff), as well as their jingoistic, pro-war attitudes post 9/11. You would think that a philosophy of freedom and individuality would be against the slaughter of civilians by governments, regardless of whose government and whose civilians. Oh well.

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