This opinion right here is what I can't understand. Why so much hate for the traditional format? Why can't we have both?
My job, at least 3 out of the 5 days of the work week, keeps me from checking the news sites on a periodic basis (obviously today is not one of those days). And when I get home at night (between 7 and 8 pm) I'm not always inclined to catch up on everything (maybe watch Olbermann or Maddow for a few minutes), but then its on to more relaxing activities. And during the weekend? I tend to b outdoors, away from the news outlets.
So the traditional, newspaper-landing-on-your-doorstep format is great for me. Though to save on paper and hassle, a digital format works even better. I'll typically read through the New York Times between 6 and 8 am on my Kindle. This way I can catch up on all that I missed the day before. I don't have to be worried that something I intended to read after I got through with a different article has been pushed to the archives because the web editors, in an effort to continuously chug out stories, has posted some inane story on the first lady's schedule for the day or what one of the Kardashians said on the Today show. I'm also not terrified I'm missing breaking news, because the NYT app on my iPad is pushing breaking news alerts to me.
In addition, I don't get a lot of value out of up-to-the minute "breaking news" text stories anyway. The first post that goes up about the event (ex: Bin Laden dead) has value, but then it begins of long slog of almost meaningless updates asthe news outlets scramble to collect all the facts and put together the story. I'd much prefer to turn on the TV (or streaming video) after the first alert and get the story, and then read the text story when it's finished the next day (plus whatever well thought out editorial or column that goes with it).
So yeah, sorry folks. As much as up-to-the-minute-everything is the future (and believe me, I know, I'm a twitter addict), there is still value in the daily (and weekly, and monthly) periodical. It's just taking on a new role, not as the primary place for breaking news, but for the capsulation of all that occurred the day before. And there's no reason why there can't be room for both. So for those who need everything always up-to-date, ignore newstand and stick with your NYT/CNN/Fox News/etc apps (as far as I know they are not going away). I'll be cancelling my kindle subscriptions and moving to the newstand.