He's half-right.
While the paywall is certainly a big deal for the New York Times--it's the first time the company is cutting back free access to all of its news content--you might not even notice the difference.
Here's how the New York Times paywall works:
Come March 28, you'll only be able to read 20 articles per month for free. After that, you'll need a digital subscription, which costs $3.75 per week for Web and mobile phone access, $5 per week for Web and tablet access and $8.75 per week for access on the web, phones, tablets, TimesReader and the Chrome Web app. Print subscribers get all this stuff at no extra charge.
But wait. The 20-article limit isn't hard and fast. If you land on a New York Times story through a Web search, a blog link or social media, it's free. Some search engines may enforce a daily limit on articles, but other inbound links will still be free and unlimited. I'll remind you that the Times already , and if they don't, someone else will.