I may be anachronistic, but:
I enjoy print media of varying types. I read books and magazines on the iPad and Kindle, but I enjoy the tactility of books and having a library.
I now believe that digital reproduction offers a valid recreation of recorded music, but I enjoy the alternative listening experience from vinyl, the process of playing vinyl and hunting rare recordings no longer available in new media formats.
And I enjoy mechanical watches and clocks, even though modern digital displays are accurate and convenient.
So I think there is a place for Internet watch sites, but they fill a different need for me and will not replace other media. The obvious advantages are up-to-date information (but with an earlier use-by date), interactivity with like-minded folk and immediacy of communication.
There will be a place for both the new and the old in my life for a while I think.
Andrew