I like this take and agree both systems will work alongside each other for years. For new artists this should be the first place they should publish their stuff.
We want new original music, music devoid of legacy contracts, labels and lawyers. (although I welcome any act crossing the rubicon to publish to the DeMu network)
Another point re the success of the Radiohead experiment was that the band were already massive because of the labels. Which made their pay what you want model a success.
The labels existed to create an audience for the band Radiohead had a huge fan base.
So it will be fascinating to see how the v4v model creates new audiences and what level of support a band can achieve, going down this road.
I"d love @joemartins take on this.