Every time one of these articles comes up I check out the salaries these places offer for COBOL work and it's just not competitive. Clearly they have a plenty big talent pool to meet demand. So it doesn't seem worth it to me unless you really want to work in banking.
What's not mentioned is that there is a large outsourced population of COBOL devs. Talking with a former colleague who did COBOL for years, he can't find anything in COBOL that pays well, so he's staying at my last company doing VB.net and batch processing for their ERP system
