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I think that Leno is a symptom of the continuing decline of NBC rather than the future cause of its demise.
For awhile:
They haven't supported new shows.
They haven't given shows time to build new audiences.
They haven't figured out franchise television like other networks (Law & Order-this, Law & Order-that, NCIS-Here, NCIS-There, CSI-Here, CSI-There, etc.)
They haven't chosen the Fox strategy (cheapo television plus a few expensive shows).
They haven't done anything since Friends, West Wing, etc. went off of the air.
(Feeling like a threadjacker, maybe there should be a Leno/NBC sucks thread.)
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