I loved Rick Block's recent presentation: RDA: Boondoggle or Boon? And What About MARC? [pdf]. You may recall that Rick Block won Library Journal's LJ Teaching Award for 2008.
Block, both a teacher and practitioner of cataloging, doesn't fall into either the traditionalist or modernist camp with regard to RDA and MARC.
I think this is the best recent overview of these two important future of cataloging issues. It lays out where we are right now with RDA and MARC and raises some interesting questions.
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