Obama isn't bad, nor is he great. My life went on unchanged, except for having to deal with the annoying remarks about how he's a communist, in our amazingly republican state of Tennessee :/
Also, he pretty much wins the nobel prize for being black, which doesn't help his rep much.
But he's more of a celebrity than a president
BTW I think it is pointless to have regret for what your forefathers did. You didn't have any control over it, so why worry so much about apologies and whatnot?
Racism is wrong, but so is reverse-racism.