Taken at face value, it signals a huge shift in attitude at what we once knew as the Gray Lady of the press. ""We can't let our reverence for quality become a straitjacket in new media," Keller is quoted as saying. "The web environment is different..."
A footnote: this seems significant to me, so why can't I find anything about it anywhere but Gawker? (Thanks to Publishing 2.0 for the pointer).
Here's another sample in Gawkerspeak:
[Keller] also spoke about the "gradual reallocation of resources from print towards digital" and copy editors being moved to the day side, so that there could be a "greater flow of fresh quality edit material." We imagine a chill swept quickly over the room! Then he brought up two of the Times' stars: Sewell Chan, who has become a "full-time, online Metro journalist"; and the comely Ariel Kaminer, who—assuming we heard this correctly—is becoming a "cultural impresario." Snarf.