If big-budget movies might turn into opera, then long-form narrative books might turn into poetry. There's a hell of a lot of published poetry -- more than ever -- mostly consumed by other poets and a small band of extremely dedicated followers of the form. A few poets make a big living at it, a few more make a marginal living at it, but for most poets, income is aspirational, not reality-based (this is pretty close to the situation in short fiction already, and not far off from the world of novel writing in many genres). But a future in which novels turn into hand-crafted fetish items for a small group of literati is one in which the relevance of the novel dwindles away to a dribbly nothing.
http://www.internetevolution.com/document.asp?doc_id=171555&page_number=5
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