Well the Indian media is absolutely furious and are throwing some serious accusations around at the moment. The BCCI also are writing a letter to the ICC about the quality of umpiring and want Steve Bucknor to not be an umpire in the next match. The reaction is a bit over the top but they showed one interesting clip of Ponting appeal for a catch off a spinner, he clearly catches it, then his hand and the ball clearly touch the ground but he lifts it up to appeal straight away. Then he wants to talk about playing the game in the right spirit? Also the umpire asked Ponting about whether Clarke had caught it and didn't refer to the third umpire and he said Clarke had caught it so was given out. The decision to give Dravid out was even worse as the bat was nowhere near the ball and clearly hit his pads.
We've seen the Indian media go ballistic before. Like the Shilpa Shetty/Big Brother issue and the England v Pakistan and THAT "forfeited" match debacle. Perhaps the Indians and Pakistanis don't feel that they get equal treatment to the "white" teams that are England and Australia?
As for Ponting, any Test cricketer (or OD/Twenty20) would appeal for a catch if they thought they had caught it. They aren't going to think, "Hold on, that was a bit close to the ground. I'd better think about this".
I have to say that Ponting is a brilliant player and quite an incredible captain. He's done extremely well to skipper HIS Test team to 16 consecutive Test wins, something his immediate predecssor (Steve Waugh) did and he's in with a chance of making in 17. (Rain dance in progress here btw.

) BUT I feel that Ponting can be quite arrogant as a player yet when he gets it back at him he's suddenly a victim? Like with the 2005 Ashes when Vaughan manipulated the rules but didn't break them concerning sub fidlers and England got Ponting out, who then went on to demonstrate his verbal dexterity.

Pardon me but isn't pushing the rules as far they can go part of the Aussie revolution in cricket? The modern Australia cricket teams have revolutionised the game so I suppose we can both thank them and hate them for that but I do find it two-faced that they can give out a certain level and type of abuse but can't take it.
Harbhajan has also been banned for three matches after making racist comments to Symonds, surely I'm not the only who sees the irony of an Indian guy being racist to a black man! Not gonna defend Harbhajan but the Aussies are quick to hurl abuse about themselves but quick to portray themselves as victims when someone has a pop at them! Remember in South Africa and England they moaned about the abuse they got yet they have really laid into those teams in the past.
I was thinking this earlier! How funny that we've got a asian player supposedly racially abusing a black player. Quite ironic really I think.
Not that I support racism of course or believe that racism is only about skin colour as JohnnyG correctly mentions.
I think the BCCI are overreacting here, OK a player has been found guilty of something without any proper proof, but to suspend an entire series is just juvenile and ruins the game of cricket.
I think something that has been said about Australia in the past few years is that such is their hunger to win, they intimidate the umpires to give dismissals to such a degree that some want proper rules brought in so that no-one can unfairly influence an umpire to give a decision they want but wouldn't be the correct one. Think back to a team with Ponting, Gilchrist, Warne and McGrath etc! Quite a fearsome group of men who want a wicket at all costs and will push and push the umpire to give it.
A lot of cricket experts have had plenty to say about the Harbhajan thing and many are saying the same. The Aussies are quick to dish it out but now they are having to listen to some of it suddenly they are offended. I remember some of their bowlers moaning about the English crowds in the last Ashes here in England but I remember an interview with Phil Tufnell and he said he had to listen to a fair bit as well in his time so had no sympathy. Same goes for the South African players but when Smith was right in their faces the Aussies were making it out like he was going over the top.
In the past Indians have had to listen to plenty in the past and the Aussies have a famous saying "What goes on in the middle, stays in the middle" but in this situation Ricky Ponting has gone and got Harbhajan stitched up whereas in the past a lot of players have had to listen to the Aussie sledging and nothing has happened. If they moaned the Aussies shot them down as being weak or not being able to take a bit of abuse. Now it has happened to them suddenly they are victims and need to get a player banned.
I'll try to find you a clip Johnny but I always thought the same of Ponting but there is one part, it was off a spinner and I think it was off the guys pads and Ponting himself dives to catch it. The ball is in his hand but clearly touched the floor yet he pops up straight up to appeal. Pressure will make you do funny things and I think Ponting knew the record might be slipping away so did what he had to do. In the case of Ganguly it was a farce the umpire didn't even consult the third umpire to check whether it carried especially considering the situation we had with the game and just went on what Ponting said.
As with the forfeited Test, Pakistan wanted the ICC to not play Darrell Hair in the next series they were going to play. What right does a team have to tell the governing body of a sport not to use a particular umpire/referee/adjudicator? That's tantamount to choosing your own umpires and therefore unfairly influencing the match in your favour. Just wrong.