I'm not Racist, and I disagree with the extremes of racism.
I will only use stereotyping in preparing me for an opinion to make, not to make an opinion.
ie. I know a handful of heavily "gangsta" chavs, some black, some white. Some are complete idiots and others are incredibly close friends (mix of both black and white).
I judge the person by the person, if someone gives me a reason to hate them I will, but I won't pre-hate just because there are lots of other people out there who are willing to do so.
Tis' a complicated World and I think it would be better off if everyone judged people by the people, not the colour of your skin, hair, gender, sexual prefrence, or wether you have an Xbox or PS3 lol
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EDIT| If you have seen AvenueQ and heard the "We're all a little bit Racist" song, I think its a pretty well sung explination

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EDIT of the EDIT| W00t! 100th post!)