Via Slashdot, here’s a story on a survey completed by Classified Intelligence (for CityXpress). Apparently the free community website Craigslist is costing Old Media lots and lots of money:
Popular community web site Craigslist, which launched in the mid-1990s, has cost newspapers in the San Francisco Bay area from $50 million to $65 million in employment advertising revenue, a consulting group said Monday.
One Slashdot commenter applauds the new corporate math, saying “every American who doesn’t give me a dollar right now is costing me the dollar that I’d have if only they’d given it to me.” Another one offers the newspaper industry this apt instruction: adapt or die.
More than anything, this is just a consulting company manufacturing some decent press around their for-sale business report.
DarrenBarefoot.com 
And with eBay’s recebt acquisition of Rent.Com, and the full integration of Craig’s List into the eBay family in 2005, the classified world has changed substantively in the past 5 years, and will likely change more in the next 12 months.