I was too quick to chastise the use of Citizen Journalism. In fact, the New York Times has pointed out one very crucial niche -- paparazzi.
http://www.nytimes.com/2006/08/14/technology/14pix.html
I can't think of a more appropriate use of citizen journalism than paparazzi. Why? Because the context and veracity of a photo of actor X in sweatpants...
The rise of microstock has been meteoric to say the least. For the uninitiated, microstock is cheap, royalty-free stock imagery. Instead of paying $200, you pay $1. In most models, you pay for an image based on size. $1 for a small one, $20 for a larger one.
From a buyer's perspective, this makes all the sense in the world. Most people can't understand...