How do you discuss things in your daily coordination meetings?

I am not a proponent of the "daily" coordination meeting(s).
1) the meeting becomes the focus rather than the project
2) not always truthful
3) can lead to conflict
4) becomes forum for type 'A' personalities
5) consumes project time when you include preparation, documentation as well as meeting time.
6) inconvenient for some (prior commitments)
7) not much happens in a day on most projects - what happens when all say "nothing/little to report".
You can encourage coordination without meetings and in any case coordination should not be reliant on meetings. Coordination should happen when and as required, not put off until tomorrow's meeting. Some tasks/deliverables need more coordination than others - don't treat them all the same.