Jilly,
Yes, it depends on what your art is. My art is looking for books to review, looking for experts to interview, reporting on self-help techniques, etc. There is a creative aspect to it, brainstorming ideas, piecing an article together, deciding on a point of view etc.
While books are great and a major resource for me, there's nothing like spending 30 minutes listening to an internet radio show to get the gist of who an expert is or to learn about a new technique whereas it would take me a week or more to read a book on the subject.
If I had to, I could go back to newspaper, journal and book research but I will always be thankful for this time that I've had with the internet.