mopkins
King Kong
Nah, it will pop. The most popular local guys will survive and the monstrous companies with strong national distribution like Bell's, DogFish Head, Stone, etc. will be fine, but there are way too many breweries out there to have a long term sustainable business. My cousin got married in a nice brewery in St. Paul and the bartender said they went through more Busch Light and Bud Light than any other beer (we drank the place out of Busch Light despite them ordering extra for the event). Dude said he had never seen anything like it. That's what happens when you got a bunch of country folk from Humboldt County and Webster County in the house.
I think the "fad" of breweries is still going strong though. On top of that, those Breweries make MASSIVE margins on their craft beer when they sell it right on location...so I don't think it takes much for these places to stay afloat. They can make a pint of beer for around 5 cents and sell it to you for $7 since they don't have bottling or transportation costs at all.