As has been said before, but bears repeating: the declarations, lamentation, wailing, and gnashing of teeth over stamp collecting's demise are highly exaggerated. Stamp collecting is alive and well... it's just become more decentralized. *Organized* philately is on the wane, but the hobby is thriving on the Interwebz.
that is correct to some extent. The hobby is demizing without a doubt as more are dying than beginning in most countries.
and the interest in quality objects merely reflects a richer world where there are many who doesn't worry too much about throwing a few 1000$ at a small piece of paper.
the average to poor material continues to go down in prices where the really good stuff doesn't.
i agree with you on the decentralization and the internet collectors.