Maybe there's something to this Kindle thing. People willing to pay for news content who wouldn't subscribe to a print newspaper. And geeks like it.
Remember, we're at version two. Most technology products don't really get prime time until version 3. Hey, I'm not into the Kool-Aid so far as to believe it's the answer, but it could one be one of many needed answers.
Update: Katie Allison Granju doesn't see the advantages over smartphones and free content.