Print BBC?

The oddly named (I can talk!), BoingBoing.net is reporting that there are proposals for a public service publisher. This was reported two days ago by Ofcom.

To my mind this seems like a nice idea for a few decades ago, but a little redundant now given the ease of self publishing - however the net is not yet ubiquitous, and we do not have true 'electronic books' that it's safe to read in the bath... so maybe it is a goer?