As Recession Watch continues, eMarketer weighs in with further evidence that the online channel may get to sit this one out, assuming the news doesn’t get any worse. (Probably a false assumption, given the news today on Wachovia). The prediction of continued growth is heartening; the predicted allocation of budget by tactic is, I think, about as reliable as investing in sub-prime securities. Who knows what tactic will prevail in the distant future, four years from now. We’ll all be piloting personal spaceships by then, won’t we?