Dave Winer has a great post in response to Dan Lyon’s article in Newsweek. Dave’s 100% correct and of course he has the rewards to prove it. When I first started the (now defunct) analyst blogs at Jupiter Research I had some initial pushback at the time as to how it might affect our business. In the end, they helped promote the brand, exposed us to audiences that weren’t familiar with us and served as a great marketing tool for us to showcase insight and expertise.
Oh yes, they also brought in revenues as well.