One think that I remember going into the comics business was seeing photocopies of this sheet of paper floating around the Defiant offices... and wondering just how many years that thing had been photocopied and copied again...
Wally Wood was a masterful artist who ground himself down into the ground with comics and deadlines and hitting his head against the wall in an effort go gain some, hell, ANY recognition and financial renumeration for his work. And he'd pretty much fail, time and again. Read the biography, Wally's World and see the sad deterioration of a really great artist. Just seeing his classic EC work is one thing, but there are other pieces out there, a beautiful western painting that i don't necessarily have the link to, that show just how damn good he was.
Interesting, when you look at this sheet, just how many panels of comics that you've read and loved will pop into your head! There is a great deal of suggestion in this layouts themselves, tension and mystery hiding in some of the crops, sturdiness or reassurance in other framing devices that can really add (or detract as the case may be) to the story they are used in. It just goes to show that, like chords in pop music, these elements can be recombined over and over again in new and interesting ways to make endless variations.
I have never reached a panel and found myself pulling this sheet out and going, "Hmm, what is the next cool panel going to be?" but, having assimilated it, its like having a good amount of tools at your disposal, so that you can look at the thumbnails and see that action that needed to be contained in the panel and pick subtly different ways to emphasize the action or the mood. Having these panels down in one places is like knowing those chords by heart.