Can bloggers help save the Globe?

While Boston philanthropists meet behind closed doors to try to figure out an answer to the Globe crisis, a group of bloggers, organized by Beth Israel Deaconess Medical Center CEO Paul Levy, want to see if they and their readers can come up with ways of their own to save the paper.
More than 20 blogs in the Boston area are today starting a Globe "blog rally" - discussions on their sites about how to keep the Globe going, no matter what its corporate overlords in Manhattan say:

... We view the Globe as an important community resource, and we think that lots of people in the region agree and might have creative ideas that might help in this situation. So, here's your chance. Please don't write with nasty comments and sarcasm: Use this forum for thoughtful and interesting steps you would recommend to the management that would improve readership, enhance the Globe's community presence, and make money. Who knows, someone here might come up with an idea that will work, or at least help. ...

Of course, not everybody agrees. On the Huffington Post, James Boyce says good riddance to a paper he finds insufferably arrogant:

... The Globe is not failing because of the recession, or because of the 'advertising climate' - it's failing because when the whole world went left, the Globe continued to go arrogantly to the right and continues to this day. It didn't help that its reporting was turned into absolute crap by newsroom cutbacks. ...