The Death of Library Schools?

There is a very interesting discussion on the blog thread, "The Death of Library Schools" by Will Manley. So far, there are 162 posts on the topic.

These are very dark days in the library world. Skilled and experienced librarians are being terminated, unqualified people are now staffing public service desks (where public service desks still exist), and reference services are being surrendered to Google.

If our profession is going to survive, we need strong library schools. If the library schools die, the profession will die. If the profession dies, libraries will die.

What are your feelings on the future of library schools? Is the iSchool movement the future or should traditional library schools stay intact? Should there be more emphasis on vocational training or a liberal arts education?