women church leaders

Mimi at The CBE Scroll blogged this week, asking Able to Lead the Free World, but not a Local Church ?

What do you believe that the Bible says about women having leadership of a local church?

UPDATE (Nov. 1): Many believe that 1 Tim. 2:12 explicitly prohibits any woman from having teaching authority over any man. If you disagree, how do you respond to the charge that you are not following a clear prohibition in the Bible?