Great article (and great comments too) over at Dear Author on the state of the publishing industry and where the future may lie.
Breaking: The Sky Is Falling. Will Publishing Innovate or Deteriorate?
I think I pretty much agree with most of it. Something has to change, but the current model is insupportable.
Also, from the comments of the articles, and interesting post on MoJo's perfect bookstore. I could shop there quite happily.