Here's my two cents on the online vs LFS purchases. I buy all of my life stock from LFS, I gotta be able to see and watch it move. The problem I see lies with a lot of the hardware, stores cannot keep in stock a wide range of this stuff as it's too costly as there is way too many brands out there. But the brands that they are able to bring in are more for the entry level aquarist as the equipment is less expensive to stock vs. us who are in a club or part of forum loaded with information about various products. It would be hard to cater to everyone as we all have different goals.
I agree that the hobbyist buying and trading of corals is going to impact a lot. A lot of hobbyist, especially the experienced folks who know what they are after (i.e. Myself for example are looking for specific pieces of SPS or zoas) now most stores do not carry these things (PC was different I'll get to them). A lot of the stores order their corals off a huge list from wholesalers and bring in a box of 20-30 colonies of either zoas or maricultured SPS. Not that there is something wrong with that, but it's one sided. Now where PC excelled was they had Joe who was always on the hunt for either large breakdown sales or bringing in ORA, Walt Smith or other "named" pieces that a lot of people love. So what that does is brings in both the experienced and beginners into the store and if most people are like me, I go in for once piece and leave with 2 or 3.
It's a tough business world, and as someone mentioned before, to compete in this economy these stores have to offer something that no one else has done before.
The closing of PC is heartbreaking, as you can see it's driving a lot of emotion out of all the folks in the club and just on the forums. We all loved the PC crew for their efforts and support of our addiction. But as with the loss of anything in our lives we need to be there for one another. Even the LFS, I have my fingers crossed that PC will be able to re-open a new store and do what they do best. But for now we need to sit back, relax in front of our tanks and realize why we are all here. I really enjoy everyone that is in this club and have nothing but positive things to say about everyone...except for Franky, that dude is just out of his mind.
I will step down from my soap box.