I have also put a recent post about this on HendricksHockey.com. Here are a few excerpts from it:
The average attendance is the lowest in the NHL.
The Islanders haven't had a lot of winning tradition lately.
There is more to do at the Jakie Robinson Rotunda than the Coliseum.
The players are getting better, but the younger fans need to be exposed to generate and "rebuild" the fan base.
Lot's of good stuff. Check it out.