We carry out a state-of-the-art assessment of long baseline neutrino oscillation experiments with wide band beams. We describe the feasibility of an experimental program using existing high energy accelerator facilities, a new intense wide band neutrino beam (0-6 GeV) and a proposed large detector in a deep underground laboratory. We find that a decade-long program with 1 MW operation in the neutrino mode and 2 MW operation in the antineutrino mode, a baseline as long as the distance between Fermilab and the Homestake mine (1300 km) or the Henderson mine (1500 km), and a water Cherenkov detector with fiducial mass of about 300 kT has optimum sensitivity to theta_{13}, the mass hierarchy and to neutrino CP violation at the 3sigma C.L. for sin^22theta_{13}>0.008. This program is capable of breaking the eight-fold degeneracy down to the octant degeneracy without additional external input.
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