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Originally Posted by ekaser
For another take on this from Kristine Kathryn Rusch, very knowledgeable about the publishing industry, having been an editor, publisher and is a very successful writer, see:
Pushing The Envelope
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This was a very interesting read. I'm excited about the possibilities of more and more authors going this route. It can make financial sense. I must admit, though, it's pretty hard to turn away from the amount of some of these advances that are out there.