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Sensual Poet, because of hampsterrage's point, publishers will soon lose control of pricing--I know plenty of bestselling authors who are already moving their own backlist to ebooks--on their own. As more and more of the content price is set by the authors, they HAVE to listen to consumers, because the law of supply and demand is inescapable. Right now publisher control supply. That's why so many writers get rejected (well, a significant reason, because there are a lot of quality books that don't fit a slot or the slot is already full).
As authors enter into direct competition with one another, it's inevitable that some will go lower. Readers may decide a particularly price point, and authors will have to go meet it or lose those readers. Most indies I know are happy to get a few bucks per sale, and that includes those published in NY like me.
Scott
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