Wow. $165 a year for the New York Times Reader?
That's a chunk of change, but I have faith they did the market research here and came up with a price they thought was viable. The comments on the blog post are a bit of a mix, some people seem okay with paying that price others are decidedly unhappy. It sounds like they're also incorporating the crossword and their TimesSelect service, so this seems to be a convergence of the online effort.
A lot of the complaints were about charging for news in an era where it seems to be free, but the people at the New York Times looked at the reader and decided it was compelling enough to charge for, and I can't blame them. I still think it's a great way to read the news; far and away better than a regular website, so why not charge a premium for that experience? It will be interesting to see how this plays out, but right now I like the direction.