Roy Ziegler of FSU organized a really good conference to discuss the Janus Challenges. I went as part of an effort I am involved in to help academic libraries escape their public/private college/university silos and cooperate a bit better than they have in the past. I was part of a panel of library directors that spoke at the end of the conference.
There is a real chance that we can make some significant progress in expanding cooperation over the next few years. This is good because the future for a stand alone college library is not good. I am not sure the model, particularly in terms of collections, is sustainable over the long term.