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Meh
I'd say I'm a little disappointed that somehow the author managed to completely blip over the whole returns process. In many cases, a publishers will withhold significant amounts from a royalty statement due to expected returns. With ebooks, the authors ought to get a more accurate accounting right off the bat.
Plus, last I heard advances in general were up. Advances are also a bit of a tricky thing -- many books, including ones that are successful and where the publisher is happy with sales -- don't end up earning back the advance for the author. I.e. big advances for a new writer isn't necessarily a terrible thing.
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