Still remember the movie "You've Got Mail", starring Meg Ryan and Tom Hanks? Where small bookshops close because of mega ones. Maybe time for them to make another movie "You've Got Mail 2" on how the mightly have fallen.
I have seen MPH lost its charm after closing from Stamford Place, besides the old National Library. I used to love the old Times Bookshop at Centrepoint and I was a member for many years. I have never quite understand the long ques at Kinokuniya Taka at closing time and found many gems near the lift at the Liang Court one. I bought lots of US magazines from Borders but I think modeling it after the library with lots of seats at the beginning can't work in Asia. After all that, I rediscovered our NLB - I can get new books and tonnes of magazines. Its free some more if you borrow within the limits.
Having said all these, I still enjoy the occasion visit to a bookstore. I recently found an indie bookshop at Tanglin. Nice, and not crowded with enough titles not to confuse you. Yeah, I don't buy enough at bookstores nowadays. I borrow more.