Print is dead ?

Another interesting perspective on "Why Publishers are Missing the Boat" at http://blog.yourmagz.com/?p=465

Is Andrew's point that print media is still the best way to generate revenue, while online is to reduce distribution cost. Meaning, if print could magically reduce distribution/operation cost, online will take a low second place to print!!

I think, a free newspaper will not take me from web to print.
But, I still pay money to read printed books and haven’t read a PDF book so far (except for a 3000pg old tamil novel once).

Is this like TV Vs. Radio debate when TV first came.
Who needs radio when tv can give you that and more!
Radio was not used the way it is now when TV came. But then, radio became really small, cheaper to broadcast, and micro-zoning of content made radio find a whole new life.
May be print will find its own healthy life in a unknown place!