Nat Torkington has an interesting post in his use.perl journal where he answers some of the common questions people have about O'Reilly these days.
It seems to me that O'Reilly is a damn fine company, they make a good product, help the community when they can, and are just generally nice people.
It's becomming a cliche, but "Times are Tight", so yeah, everything isn't they way they'd like it to be, but despite that, they do manage to do an awful lot of really cool things, and I'd hate to see people forget that because of a few understandable shortcomings.