On IT World there's an interesting article about the programming skills that seem to be lost in today's coders and how what they may not know might hurt them in the end.

Some of these skills aren't likely to be needed again, any more than most of us need to know how to ride a horse or (sigh) drive a manual-transmission vehicle. But other skills and "lessons learned" may still or again prove relevant, whether developers are banging their heads against legacy systems, coding for new mobile and embedded devices... or other devices and applications we haven't yet thought of. [...] Here's what some industry veterans and seasoned coders think the younger generation doesn't know ... but should.

He's broken it up into a few different sections - one dealing with the lack of general hardware knowledge by a good section of the today's developers, another noting that programming is not the same as software engineering (yes, really). He also touches on the lacking idea of "thinking before coding" and how planning for errors has become less and less of an importance.