$1,000 and going up...Hourly Rates for Attorneys

I wrote a post earlier today about billable hours. See this article in the American Bar Association Journal Today about attorneys who hourly rates are $1,000.00. http://www.abajournal.com/news/top_lawyers_bill_1000_an_hour/

The billable hour isn't dead for the majority of attorneys, but it is in my law practice. Would the market bear you charging $1,000.00 an hour? Would your law or consulting practice survive or would you be laughed out of the market?