Well he compared it on his show more appropriatly to cable TV. 25 years ago most people were saying they would never pay for TV programming, that all they needed was CBS,NBC and ABC...now look at us.
I can safely say that I will never pay for radio. I hardly listen to it free as it is. I'd much rather listen to a mix cd or one of the vinyl rip cds that I have made for stuff that was never pressed on cd.
I still like the guitar- and bass-sounds but I liked the Rage-frontman more! But they are great, too. They played "Bombtrack" on last years europe-tour - just the sound, no singing...oh man that was great!
except in your car, sitting out in the park, camping, walking down the street, or anwhere you arent in front of your computer. not to mention the cd-quality of the audio as compared to the 48-128k range you get with internet radio.
Most major internet stations can stream to CD quality sound. And there are plenty of places satellite radio loses signal, like when you are in parking garages or in certain parts of the city.
As Wi-Fi becomes more broadband internet stations will be able to adapt and stream radio to your cell phone, mp3 player, etc. while at the same time making it fully customizable on your end as it is now when you are in front of your computer. At 2-4 dollars / month you can't beat that. Your 300 dollar satellite radio @ $12 / month will collect dust in a few years just as satellite tv is starting to become obsolete.