I waver on this one. Sure, more than half the patterns in the GOF Design Patterns book can be grouped under the general heading "Favor Composition Over Inheritance." And I wouldn't argue with any of those patterns as responses to the motivations documented in that book. But I also strongly believe in the old axiom, "Faithfully Model Reality."

If there is a situation where an "is-a" relationship fits naturally - where the abstraction to be a subclass is, and will always be, a specialized form of a more general abstraction - then I say go ahead and use inheritance. Of course, if you have even the slightest doubt regarding the permanence of an is-a relationship (e.g. Los Angeles is a city on the mainland continent of North America), by all means use composition for the flexibility it adds to a design.