3EB singer weighs in (twice) on the death of the album

Third Eye Blind (as we've mentioned before here) are close to releasing their fourth album. It'll be called Ursa Major, and it should be out in February.
So lead singer Stephan Jenkins was speaking at a music conference in San Francisco*, and said he thinks albums are soon to be obsolete. Idolator reported on this, and then there was a lively back-and-forth in the comments section, including a lengthy follow-up from Mr. Jenkins himself. It's a highly recommended read... and what do you think? Are bands going to go just to releasing singles on iTunes, or is there still value in the album for some? My personal belief is that as long as albums can be resold on Amazon if you run into a cash crunch, you're better off spending your money on a physical product than on something digital.

*I wonder how much artists get paid to give speeches at events like this? I saw Art Alexakis deliver a keynote address at a similar event in Cincinnati in 2004. He even brought an acoustic and played "Heartspark Dollarsign" after he predicted the music industry would fall apart (which he was right on about).