The Seattle Timesfinally printed what has been rumored in local journo-circles for some time: that Seattle Weekly founder David Brewster wants to start an ultra-local online-only newspaper. Not a blog, but a newspaper, which would be fairly unchartered territory. Not surpringly, Brewster is having trouble finding investors for this would-be endeavor. It'll probably be tough to find advertisers, too; not to mention writers willing to report out stories for beer money. But Brewster has thrown caution to the wind before (hence, this paper's birth and continued existence) and succeeded. Still, I'm a little dubious: My hunch is that once one of the two dailies folds, in its wake will emerge an online-only newspaper with skeleton newsroom and ad crews already in place -- which will probably be the best barometer for whether this concept's time has come.