I would argue that there is an abundance of e-books, but perhaps a shortage of differentiated ebooks.
For instance, if you want to write a sparkly vampire book clone go ahead, but don't expect me to be willing to pay $7.99/$12.99/$14.99 for it. In fact, don't expect me to be willing to pay for it at all because I already have enough unread sparkly vampire clone books to last me the rest of my life and there are thousands more sitting out there at 99cents or less in various sources.
But if you want to write something that genre that is new and refreshing AND you grab the attention of the gatekeepers I trust - I few blogs, a few Goodreads groups etc - then I have a paypal account and I'm willing to consider.
I think that authors looking to break out of the pack need to do something to break out of the pack. So many authors and publishers today are just regurgitating past successes and hoping to catch the tale end of a trend. If you liked x, then you are going to LOVE y.
I realize that marketing is a tough task for most authors now. You are one in a million screaming for attention. Finding a way out of that difficulty is probably just as hard, if not harder, than writing a good book to begin with.
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