Well as a guy that sold radio Mr. Daze, (yes I do like the name), I think you are wrong. Remember we are only seeing the 12+ numbers, nobody sells off of that. In my previous years at WALK we only used the 12+ for bragging rights! You sell off of demos, (18-34, 25-34, 25-54 ect). I actually looked at the breakouts of the Nassau Suffolk market and both Party and Bone did very well. 18-34 party was in the top 4 of the nassau suffolk book, not bad for a pea shooter with 600 watts.
A sales team can do very well with that, sure its not the highly desirable 25-54 book, but that's not what party is shooting for. They beat Bli and some city stations in certain time slots that I dont think has ever been done before by party or any suffolk station.
So my point is, really can't judge them, or any station on the 12+. It is all about the demo in radio that's what we sell.