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For me it depends (bet that helps ;-).
Generally for a new author (new to me) I will wait until they have a complete work out (although I made an exception for Kylie Chan and haven't regretted it).
Once I know an author I will make my choice based on experience. One or two authors that I quite like I will always wait on because they've proven over the years that they can't be trusted to finish what we're waiting on. Other authors have proven that they will adequately finish each book even though the series itself is incomplete. And then the last category falls to someone like Stephen Donaldson. Any excuse to re-read the lot is good for me, so every time he publishes a new book I pick-em up and start again.
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