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Steve--manuscript display sites have been tried before, and have failed spectacularly.
The thing about publishing, it seems a system rife with inefficiencies and ripe for improvements, and every time someone comes up with something that seems like a simple idea that SHOULD work, it never does. As Byzantine and screwy as the current system is, it succeeds at its goal: get books into the hands of readers.
Whether ebooks will have a large effect on that system remains to be seen, or at least how it will affect the system.
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