jazdoc: "Our hobby is too small to be balkinized and given Andre's pithy observation above, I believe that this model may be the only potentially viable solution going forward. Good luck Srajan. I'm sure your competition will be watching with great interest. "
I think you could be right about the watchers. One probably shouldn't expect too many to participate unless/if there's some sort of consensus whether the general notion gets rejected as idiotic (best to leave Srajan catch that flak all by himself) or shows fledging support (in which case one can always join the parade when it's safe to do so).
And I also think you're right about the past tense relative to print media and how the Internet has disrupted business as usual. The problem I see is that we in the Internet publishing sector have inherited/taken on the ad-based model left over by print. We haven't yet come up with a model that's specifically tailored to the Internet.
Here's another aspect. Print magazines were never held to any hit/click-thru accounting. They couldn't really qualify or demonstrate reader reaction to their adverts. All they had were sell-thru figures and some population stats (average reader age, average reader income and such). But they were never asked to prove any direct connection between an audiophile sitting on the loo leafing thru a print mag; and picking up the phone to call a dealer or taking any other action upon seeing the ad. The whole thing was/is speculation about the effectiveness of such ads. It's quite vague and fuzzy. Yet print could command some pretty stout pricing for such ads.
With online ads, many supporters insist on tangible proof. How many hits will I get? How much will each hit cost me relative to the ad price? Not only is most online ad pricing a fraction of what it used to be in print (not sure about today's print rates), it is often held to a different/tougher standard of proof. Yet online mags have the real-time advantage, the global reach advantage and the near instantaneous connection of reader to manufacturer. Did a review make you curious? Click the link and presto. Direct reaction. Searching Goggle for a product? Presto, there's a list of links to online reviews all around the globe. In many tangible ways, web-based publishing offers more. But in general, we're still working with the same old business model that developed in print. Does that need to be set in stone?