I bought an indie book. The editing was non-existent, and the formatting terrible. I will not buy another until I figure out a way to find the excellent ones.
I generally find books by word of mouth and Amazon's fictfact.com's suggestions; indie or not has no impact - the one I bought, I deliberately sought out, but the tools to verify the quality of the book were not there. (The one I bought had a single review, likely faked by the author himself.)
If I could find a site (Amazon or similar) with numerous reviews, then I would jump in with both feet. For now, though, smashwords and kobo leave a great deal to be desired for indies.
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