I was pretty sure that WoTC would release 4E as soon as they released 3.5E, and I was not looking forward to it. However, I am also a realist, and I know that I will most likely purchase the new products, but I do not believe that I will subscribe to the online content. If I'm going to pay for something I want a hard copy that I can use at my leisure.
Right now I don't know enough about the details of 4E to make any sound judgements about it, so I'm going to play the waiting game and see what plays out. Although I can say that I am not happy about WoTC pulling the license from Paizo to publish Dragon and Dungeon magazines, Paizo did a much better job with the magazines than WoTC ever did or more than likely ever will.