Similarity-based search over time-series databases has been a hot research topic for a long history, which is widely used in many applications, including multimedia retrieval, data mining, web search and retrieval, and so on. However, due to high dimensionality (i.e. length) of the time series, the similarity search over directly indexed time series usually encounters a serious problem, known as the "dimensionality curse". Thus, many dimensionality reduction techniques are proposed to break such curse by reducing the dimensionality of time series. Among all the proposed methods, only Piecewise Linear Approximation (PLA) does not have indexing mechanisms to support similarity queries, which prevents it from efficiently searching over very large timeseries databases. Our initial studies on the effectiveness of different reduction methods, however, show that PLA performs no worse than others. Motivated by this, in this paper, we re-investigate PLA for approximating and indexing...