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In defence of newspapers and serendipity
What the LATimes said was pretty much what went around the blogosphere about the whole GoogleNews comments thing anyway...except maybe for the Bin Laden thing. That sounded more like an inside joke that originated at some conference, got published on somebody's blog, and then everybody said "well, it was funny at the time..."
And Steven, I still haven't seen a story with comments on it -- I looked for one of the ones that appeared in screenshots when the feature was first announced but couldn't find it.
The real reason for Newspapers continued sharp decline is the fact that they have no idea how to leverage a community. The News, which was once scarce is now abundant. That means that newspapers need to shift from being general content creators to context creators.
Unfortunately, google beat them to it.