According to Paul Boutin of Wired.com, Yes. Read his full explanation at wired.com. If blogging is dead, Wired.com would have pulled the plug on all of their blogs already.
I came across an interesting article by Luke Wroblewski on how site visitors within 2-3 seconds can quickly identify whether the site they are visiting is worth staying or leaving. That means as a site owner you got 3 seconds to impress your site visitors. 3 seconds might not be the exact amount of time for each visitor, but it emphasizes that you have a few seconds to grab people’s attention and communicate who you are, what you do and what to do next on your site.
A great book that goes beyond the web to explain this phenomenon is Blink by Malcolm Gladwell.
This online app helps to create printer friendly pages based on what you want to print on the screen. Brilliant!