While it lacks the sensual pleasures of a newspaper, the web does give you more and better information, making you smarter. So it’s a -1 for the “heart” and a +1 for the brain.
Also, it’s cheaper, and making information cheaper is good for society. Democratized knowledge improves democratized government.
I get the nostalgia, but would be a hypocrite to endorse it because I was born poor in the middle of nowhere and never read the NYT until, thanks to the web, it was available everywhere for free.