Mark Rippetoe has a new deadlifting article up on T-Nation, here:
Are You Ignorant When it Comes to the Deadlift?
Probably written to coincide with the new, 3rd edition of Starting Strength, this article covers my favorite lift.
The article hits a number of points familiar to Mark Rippetoe's teachings on the deadlift:
It's done from a dead stop. Touch and go is nice, in my opinion anyway, but bouncing off the ground is bad. It's a dead lift, which means the weight is lifted from a dead stop.
The right setup will look different from person to person, but it will be mechanically the same (flat back, relatively narrow stance, chest up, etc.) One great thing about Mark Rippetoe's articles is that they all back the argument with sound mechanical discussions of the lift. It's not "because it's how it's done" but because gravity and mechanics will make it happen in a particular way so it behooves you to plan around that. Everyone will pull the bar up from mid-foot, everyone will drag it up the shins if it's heavy enough, everyone will have their scapula directly over the bar when it breaks the ground, etc. even if they aren't all built with the same proportions.
Highly recommended read.