From the kitchen link,

    "A PDF is a weapons-grade tool for piracy"

...

    "This is despite the fact that the publishers’
    action directly addressed a very real
    economic problem."

This "very real economic problem" that the author describes is not making enough of money off of textbooks. The publishers have lost all relevance by having contorted themselves over the years to fit into a model which no longer makes sense.

Journals can run themselves (with proper software) and historical impact factor needs to be abolished.