Observer pattern revisited using Java 5 generics

Update 2013: I wouldn't recommend this trick at all any more. It's
probably nicer than the Observer interface that comes with Java,
but if the scenario allows it (and most do), you can just as well
write specialized observer interfaces, which are much easier to
read. Take the following text with a grain of salt. :)

When implementing the observer pattern in Java, I always end up implementing the whole Observer and (sometimes) Observable (Subject for you GoF-fanatics) interface again and again for each type that's supposed to be observed. So there's a QuestionnaireObserver interface for the Questionnaire class, a QuestionSectionObserver interface for the QuestionSection class and so on.

You ask why? Well, let's see what happens when I use the standard Java implementations of Observer and Observable: I end up checking the type of the Observable each time the update() method is called on the observer — using instanceof. Unnecessary to say that this is considered a code smell by some people.

So let's take a look at what we have right now - thousands of classes doing the same stuff, just for different types... a case for the big refactoring book! - O rude unthankfulness!, the book covers Java 2 only! So what do we do?

Numerous web searches suggest I'm either the first to search for that problem or I'm too stupid to ask the right questions (which is way more likely in this case). :-) Consequently, I came up with my own solution. Let's use generics to remove that duplication:

Isn't this solution more elegant and reusable than the standard Observer-pattern classes in Java?

Weaknesses:

Strengths:

And last but not least (although it was not easy), I even found evidence I'm not the only one using generics for this. :-)