Nothing says "We cherish the Holy Writings of God" better than printing a cheapass paperback Bible...
I can't help but think that some of these cost cutting measures have as much to do with people losing their zeal and activity as any doctrinal issue.
If you had been used to presenting decently bound publications and nicely bound Bibles (except for the pukey green one) and then they change everything to cheap paperbound books... and Bibles even, it has to send a subliminal message. It's as if your subconscience realizes that if they're so cheap so as to devalue the literature then why am I concerned with working too hard...
And once again, the WTS is in reactionary mode. They're reacting to a situation that is the result of an originally poorly planned out reaction to cutting costs.