While I agree that cataloging could benefit greatly from industrialization, do we really want cataloging to go the way of library systems? Libraries are increasingly held hostage by the fact that they don't control their own systems, and the vendors who do control our systems are not willing or able to keep up with our needs. And since system/software development is a lot more lucrative than metadata creation and management, I don't hold out much hope for getting metadata of acceptable quality out of vendors unless libraries are willing/able to finance the industry. Doubtful at best.
On several fronts, we're hearing that one of the changes for bibliographic control will be re-using metadata from sources outside the library. So this is an interesting question. How much interest is there from publishers and book vendors in the area of metadata creation?
I just listened to Karen Calhoun's presentation recently given at the OCLC Members Council Meeting, WorldCat and the Future of Bibliographic Control [mp3]. She states that re-use of metadata from other constituencies is a big part of OCLC's vision for the future of bibliographic control. Any thoughts?