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Does RSS Still Matter?

Reactions ranged from outrage to apathy when Google announced that it would be shutting down its Google Reader RSS client. The search giant said that the move was due to a decline in usage. Some fans of the 'Reader' and RSS cite its centralized features and its way of organizing a user's content. Others say that RSS is confusing, and has now been replaced by new ways of receiving content, such as Twitter and other social networks. While supporters of the technology say the Google Reader exit provides an opportunity for a revitalized market for RSS products, some think its absence will hurt RSS's chances of making a comeback.

What do you think?