Well I would like to comment on the original question which was is painting dead as a valid, vital art form?

I would say no. Even though digital art and graphic art are becoming more and more popular, I think that people on a whole enjoy the true talents of painters.

At least where I am from. Around here something that is made by hand is appreciated above all else.

As far as the comment about art being for the rich,I think that more people appreciate art and that more middle class people are purchasing more art.

Art and painting is a way of expression and that is why art or painting will never die, it will just continue to evolve.