The RAB isn't what it was under Gary Fries. That being said: Relevant? Wow, tough. Just about all industries have representative "boards" or "bureaus" that represent the industry to various buying entities. If we start to see the demise of the TVB and Newspaper's NAA we'll have a better idea. Until then, RAB is still viable, but on notice as is everyone in an economy like this.
The focus of the RAB... and radio sales... may have stayed too long on the sale of spots. Relevance today may mean being part of new delivery systems, and I am not sure that the RAB, or even most of the radio industry, is ready.
Taz mentions the spot bank, which is a wonderful resource. With cutbacks, in many cases we have sellers writing spots on the back of envelopes and the client message is diminished. Looking for good spots in the RAB collection can at least focus station staff on ways to create a campaign for each client, not just a laundry list of things the client sells or does.
I also like the idea that has been mentioned in several of the newsletters and websites of the RAB offering individual memberships. Just as the CRMC gave radio sellers something to be proud of, this idea also says that an individual member is committed to their clients' success.
So, yeah, the RAB is needed. And like everything, it needs to evolve to stay relevent in these times.