Could Robert Duncan's HD Book save American art?

Jed Perl at the New Republic thinks so:

What began with a request for a brief birthday homage to the American poet known as H.D.—she had been born Hilda Doolittle—morphed into one of the greatest of all meditations on the nature not only of modern poetry but of the modern artistic imagination in its bewitching complexity. Art, Duncan exclaims, makes “what is not actual real.” I am glad to be reading Duncan’s text as we head into 2011—the second decade of the century after the modern century. There is no nostalgia in The H.D. Book. Duncan’s modernism is at once lofty, optimistic, activist, and open-minded. Published a half-century after it was written, The H.D. Book reads like a clarion call. At a time such as ours, when artists are either embattled or co-opted, either locked away in some ivory tower of their own invention or overtaken by market forces and political forces, Duncan argues for the most strenuous artistic ambitions as a dynamic democratic possibility.