Plenty of exact match domains still topping the serps, but it does appear that they longer have the weight that they used to. I still believe in exact match domains and think they will always have a place but they are no longer a gimme. This too may change.
Putting the exact match somewhere in the url string is important though so watch your folder names/file names.
Google has publicly said they are devaluing the ranking boost of having an exact match domain.
That does not mean exact match domains are worthless. The right exact match domain can generate alot of direct type in traffic. Also people are more inclined to use your domain name as the anchor text. If you have an exact match domain you will likely have better anchor text which will boost rankings.
Msg#: 4300161 posted 11:30 am on Apr 20, 2011 (gmt 0)
It is much easier to water down the anchor text than it is to have relevant websites give you great anchor text. If you feel your have too high a percentage of one anchor text do some link development for other anchor text.