I've just finished my first run through DOG AND DRAGON, and it grew by 1500 words. I am just starting on B's corrections - which will improve it a lot and grow it by several thousand more. I'm suffering from the post-partum stages already. I know by tomorrow, or the day after, I'll think it sucks totally. At this stage I am still full of sheer emotional and mental exhaustion, and think at least parts the most brilliant thing written (yeah well, someone has to). I think part of the real downer that many authors go through is knowing that they have basically cut their wrists and bled onto the page, given what they can, to the point of physical, mental and emotional exhaustion... and off it goes - to be a minor midlist book which will get the TLC of the yet-another-book. I occassionally get e-mail from readers who tell me it was not just yet another book for them, and I think that's the reason I'll be doing this again, soon enough.
Is the publishing glass half full... or half empty? According to this there's some reason to believe that it is a bigger glass. Of course what this shows is the huge potential scope for growth of e-books - if 49% say they prefer traditional p-books then logic says 51% of UK readers would rather read e-books, and as 18% are... that's 200% growth just to fill that demand. I think e-readers will still drop in price and improve in quality, and that 49% is going to fall. No I don't believe the p-book is dead. But I can see purchases per reader dropping from say 10 per year to 1-2 per year -- not enough to sustain the publishing industry at status quo. And it's lovely to see fiction is coming up in demand. Cheap and entertaining I believe is the key here, myself. I think while males have been quicker adopt new tech (let's face it, playing with new mechanical toys is quite a boy thing) I reckon female usage will overtake it in a year or two - just as boys got mobiles while they were clutzy bricks, but once it was a good, easy-to-use communication tool, female use caught up and overtook. A good time to be writing fiction designed for female audiences IMO.
The price take is interesting: I'm with most folk who say a e-book CAN'T be more expensive than a p-book. No returns for starters (that's 45% of a publisher's costs), let alone the costs of paper etc. For a good wrap on this see Darryl Adam's post at Oz-E-books
So: food for thought.
And now, to red ink...(putting in corrections from B's edit)