Jeffrey, I don’t think anyone would argue that the unit cost for journals has gone down as a result of bundling. ARL stats showed that a number of years ago. But when the price increases on those _bundles_, which in some cases is the only way to acquire the content you really WANT, still exceed the CPI, rate of inflation, and the average materials budget increases that libraries across the country are receiving, why would anyone think the serials crisis was over???
When I still can’t buy _new_ content that my users need, and am instead paying for content my users _don’t_ need that’s part of a bundle containing content they _do_ need because purchasing that bundle is the only way I can acquire that latter chunk of content, something is still seriously wrong with the system. I would very much agree that the serials crisis has _changed_ – it doesn’t look the same as it did in the 90s – but it most definitely is not over.
