They conclude that "we should recognize the trade we’ve made from ad-subsidized media to ad-subsidized search and social networking", which I guess is a well-intended statement but somewhat obvious, right?
Hacker News threads are filled with users arguing that they gladly pay a lot just to avoid advertising.
Their last sentence
> Perhaps now we can forge a better understanding of the value of content. It costs money to produce, so it should also cost money to consume.
I think is important, but maybe not for their reasons. Current paid services are sometimes very overpriced, which is partly caused by the lack of easy and scalable micro-transactions and a missing understanding of what a specific service might be worth. On the other hand there are some great services that get underused because users don't think the up-front cost are justified.
The turn to subscriptions that we see in random tiny auxiliary applications is a great example of that. The developers of a small CBT-App I used for a bit thought they were worth 8 euro a month. They tried it a few months and then gave up, largely because they apparently failed to find a shared understanding of their value with their users.