photo credit http://www.flickr.com/photos/nolionsinengland/4199803487/
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And this is precisely the most fascinating point, this revisiting of a piece that stood in a position of relative inertia (disregarding the countless tags that tarnished its former glory). This is the conflict of the contemporaneity of street art and the rigidity of graffiti. Banksy, by daring to perpetrate the ultimate taboo, basically capping a piece of history, has problematized the structure of how work on the street functions. He has epitomized this dichotomy between of the amorphous, forgiving nature of Street Art, and the unbending, intensely hierarchical and historically obsessed operations of graffiti. He has taken the prohibited, under the looming risk of serious punishment, and made it his own. Ultimately, Banksy has disputed the static hierarchy of graffiti that is founded upon an insecurity of the ephemeral with a brave, new gesture that is unafraid of ramification or change. While I am saddened by the loss of such a remarkably old artifact, I am simultaneously encouraged by the confrontation that has awoken this sleeping relic from its slumber.
But then again, I am a street artist, so what is my opinion really worth.