Occasionally we find that professional, full-time newsrooms produce better content than the blogosphere. Producing that content took a staff of educated, full-time professionals with families and mortgages. I don't find it particularly offensive that people who regularly consume their output are expected to help fund their salaries so they can keep producing.
Why should moving to digital mean reducing the price versus print?
Perhaps the NY Times should keep the margin difference as profit, helping to restore their financial condition from the recent disaster it has been, so they don't have to go crawling to Carlos Slim again. Building up their financial position would assist in their independence as a news source.
Perhaps the NY Times should put that margin back into the business, and create more / better content, thus more than justifying the price staying the same.
Either way, the argument in favor of reducing prices just because of cheaper distribution, is not inherently a good one.
Just like any good software company, the NYTimes should be thinking about their price strategy in a more complex way than cost plus. And I'm sure they are.
I think the NYTimes is one of the best bargains out there, and lucky for those who don't pay the benefits spillover to other journalism, especially the blog/twitter world.
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PS: Support journalism if you have the money to do so!
PS: Maybe I don't like their journalism and prefer straight to the point content.
Repeat whenever you get the 10-article notice.
Edit: it should go without saying, but... if you find yourself doing this often, consider purchasing a subscription so this service can remain online.