Mano Singham thinks so, and he explains why with a clarity I admire. The article is worth a read.
I think it should be clear to any thinking person that atheism has won. Not in terms of numbers, of course. People who call themselves religious still heavily outnumber those who say they are atheists, though the gap is closing. In a future post I will argue that the gap is closer than the raw numbers indicate but this post is about how atheists have clearly won the debate over whether it makes sense to believe that god exists.
The evidence for this is that religious intellectuals have pretty much given up on a god that has even a remote resemblance to what the word usually conjures up, and have instead created a faux god that merely provides them with a metaphor of transcendence to cling on to.
http://blog.case.edu/singham/2009/09/16/atheism_has_won_the_debate