I always get a twisted glee when I see groups like HorribleSubs. I anticipate something like HorribleSubs/CrunchySubs happening for Bleach.
But you have to hand it to CR for adapting and crushing everyone in their way. Legal venues have really (finally) found a way to compete with fansubbing. The only problem is the official translations suck and are fugly. If only speedy/shitty didn't win over quality/enjoyability!
I still think fansubbers could find a way to fight back though, innovate somehow competition wise the way the legal market is doing, if half of them didn't think that it was dying.