Oh, Mike, that's brilliant! Who wrote it, was it you?
Anyway...
I was poking about a new ebook store,
Wizard's Tower Press, and spotted they had a short blog about editing.
Interesting!
From what I can see, there is a world of difference between a copy editor and an editor. Copy editing could be, if not a booming profession, perhaps a cottage industry. But editing... that's a whole different ball game.