Would have to agree, the LCC are not going to have such an easy future, they have large obstacles to overcome, the main ones being the fuel price (ok so everyone suffers but for operators using old equipment it will hurt more)
They also have to think of replacing there aging fleets, old MD82's, DC9's and 737-200's will not comply with noise requiremnts in 2009, and cheap aircraft are not so easy to come by now as they were post 911.