While looking for articles on another topic this afternoon I serendipitously
found another article dealing with the question of latest entry:

 Mering, Margaret V.  "Would the reintroduction of latest entry cataloging
    create more problems than it would resolve?"  CATALOGING AND CALSSIFICATION
(oops, CLASSIFICATION) QUARTERLY, v.10, no.3 (1990) pp. 35-44.

   Judith Hopkins
   Technical Services Research and Analysis Officer
   Central Technical Services
   State University of New York at Buffalo
    ULCJH@UBVMS.BITNET