For news aggregation and summary, I totally agree with you. For just search indexing and referring, though, I think paying just for a link that is no more than 10 words is not justified. If I post a link in this comment from a Canadian news site, should I pay a fee, too? Because section 2 part b states that access to the news content, or any portion of it, is facilitated by any means, including an index, aggregation or ranking of news content.
Depends on your user count and post frequency. Images take a lot of space and space is still not cheap on cloud.