If I buy a copy of The Times from a Newsagent what sort of cut does he take ??? And if I want it delivering to my door how much does he charge for that additional service ???

I can see that from Apple's point of view they are the Newsagent/stand taking their fair share. What I don't see as fair is the restriction on matching pricing though other distribution outlets a publication may wish to choose. They should have the choice on setting prices and deciding if they want prices on Apple's App Store to match or not. I think it is fair that Apple take a 30% distribution cut.

Cheers

Cris