It seems that everyone's favorite Kerberos Consortium (also known as the MIT Kerberos Consortium) has just released a new white paper titled: Why is Kerberos a credible security solution? I briefly read through it tonight, and I must say, it's a really good attempt at summarizing the benefits of Kerberos over other authentication technologies or methodologies.
Too bad I didn't have this paper many moons ago. One of the more painful things about Kerberos has always been the lack of good documentation for the lay-man attempting to learn about it. So if you are looking to get your feet wet take a look at this paper, or any of the other information the consortium is attempting to amass.
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