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I don't understand the reasoning that an author needs to make as much on an ebook, when the reality is they will sell many more times the number of ebooks over the life of the format (which, presumably, is the period of your copyright, extending past our deaths). I am making more per copy selling $1.99 ebooks than at $7 paperback through a major publisher, plus I will make far more than I ever would off a traditional print book that will only be available for a certain amount of time (a year or two at best). That changes with POD, of course, but the audience for a $15 trade paperback and a $2-$5 e-book are entirely different. I'm putting my bets on the $2-$3 ebook. Plus, Amazon is raising its royalty rates to 70 percent in July.
As for piracy, sure, it will happen, but I can never call it a "good thing," no matter the justification. Nobody would steal a Ford and then say they were advertising and "helping" the Ford brand by driving it around on the street.
Scott
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