IMO, this should still be part of the plan. Provided that the paid content goes much deeper than the stuff still given for free, this is a critical piece to making the paid digest work. Ira, you have to add value at every step of the way. And, you have to price it right. However, be warned that some contributors may hold back so as to NOT transfer a copyright.
Moderation is very valuable, when done right.
There are unmoderated alternatives to this list, but they all have too much noise and too little signal. Given the recent volume on inet-marketing, all I can say is God love ya Glenn. I mean, wait a few weeks and a few new people will join and the thread may start up again anyway. This is a fake email address. So many old members of this list were getting spam generated from siphons trolling the archives that I replaced all email addresses with randomly generated spam traps that forward mail to spam fighters.