Meh.. the moment NYT (re)erects a paywall is the moment I move on to other news sources.. And they are plentiful on the Intrawebs.. Salon, Slate, Huffington Post, The Atlantic.. there will always be plenty of free quality news/commentary content on the web.
NYT, News Corp and others need to realize once and for all - their content is a commodity. The Internet has made it that way. No point of fighting it and iTablet won't change a thing.
It would be a hugely self-destructive move for NYT to jeopardize its huge online readership by erecting a paywall and pushing its online readers elsewhere.
I understand this argument, but I must disagree. It seems like there is a limitless supply of free news, a commodity as you say, but things are not as they appear. That is because the dynamics of the industry as itis are not apparent to the average consumer. Slate, Salon etc are still being funded by VC money, or are virtually broke, or are wards of larger corporate bodies. They are not profitabel in and of themselves, and eventually said corporations or VC firms will pull the plug.
Similarly, large newspapers are running on fumes, and no one has figured out how to monetize online content through ads. While I can't fault someone for getting something that is free and legal over something that costs money, this is not sustainable. Sure, you can go to a million different news agencies right now for free, but someone--an investor, another arm of a corporation that is essentially subsidizing--is paying for it, and they will stop paying for it when they learn it's not profitable, then the consumer will have to pay once again.
I for one don't want to rely on bloggers and forum posters for my news. I'm willing to pay for it. I'm in the minority right now, but at some point we'll have to pony up. Music is trending the same way believe it or not.
Media industry is sort of like that story about the blind men all grabbing a different part of the elephant. No one really knows what it is or how it's going to go.