Miz Cracker basically argues that drag is not like blackface because blackface is inherently racist, while drag is not inherently misogynist. The comparison between blackface and drag breaks down because blackface and minstrelsy used to be ubiquitous idioms with great cultural influence, but drag has never achieved such a pervasive high profile. That's because blackface was performed by the oppressors in positions of power, whereas drag has been performed by oppressed people in positions of marginalization. I'm not sure how this is relevant to the presence or absence of misogyny in drag.
In fact, I think Miz Cracker's contrast between blackface and drag breaks down because it does not recognize multiple axes of oppression. When she argues that drag has been performed by oppressed people who are marginalized, she's referring to gay/queer men marginalized by their sexuality. However, though gay men may be marginalized on the axis of sexuality, they do have the privilege of being men in a misogynist society. Therefore, when men do drag, no matter what their sexual orientations, they may also be seen as performers in positions of power [as men] compared to the people that they are portraying [women]. Miz Cracker's insistence that it's just a few individually misogynist queens who mess up the whole art form entirely ignores the complex structure of drag and its location at the intersection of mutiple axes of power and oppression.
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