Underwear pervert comics?
I don't know if Rym and Scott's analysis of the graphics novel/comic thing is accurate. Mostly because I think that the majority of manga readers don't read American comic books. The two groups I feel are typically mutually exclusive, rather then substitutes for one another. So people aren't buying manga instead of superhero comics, there are just more people buying manga then superhero comics, and superhero comics still have the same sized audience.
I do agree that there are way too many superhero books, it's really one of the things I really don't like about the American comic industry, aside from the fact that there are like 18 different comics for major characters, and that they can't keep the history of characters correct, and that very rarely do you get to see one author and/or artist stay with a book for very long.
But anyway, regardless I do want to say that although I don't read many comics there are 2 I read (well one ended) that I think are really good, and have risen above the generic crappiness (for the most part.) And those are the newest Batgirl (at least the first half or so before the original writer left) and Ultimate Spider-man (which still has the original writer/artist team.)