Gwern covered ETEWA about a year earlier than Oswalt, but with a different stance. Why should we need or want new media when we already have enough classics to keep us occupied for the rest of our lives?

http://www.gwern.net/Culture%20is%20not%20about%20Esthetics

EDIT:

Also, as of now, you're the only one with anything profound to say in here. Good job.