As an ex Kodaker all too familiar with the slow but inexorable decline
of film, my guess is that e-books will gain momentum in the not too
distant future, and
the reading/publishing world will be quite different than it is now. I
think newspapers and magazines will have the most to gain - fleeting
content that shows up automatically on either your phone or another
reader without the massive expense of printing and delivering it. The
Kindle is a nice start, kinda like the old Walkmans before Apple came
along and created the IPod. There's industry speculation that Apple
may jump into the ebook business in the near future, which would add
considerable momentum. Once ebooks reach critical mass, if film is a
good model (and I think it might be), the transition will be faster
and more chaotic than anyone expects. Some big houses won't adjust,
while smaller houses may flourish.
There might be real advantages to the author in e-publishing, though.
Books cost a lot to print, ship and sell, limiting the profits to be
shared between retailers, publishers, and authors. If we are smart and
lucky, as costs come down we might get a bigger piece of the pie. It
might also open up the market for short fiction once more.  Bottom
line, I don't think this transition can be stopped any more than the
one to digitial photography, and God knows Kodak tried, but the pluses
will probably outweigh the minuses for the consumer. As authors, we're
better off rolling with it and looking for any advantages we can tap
into.

Linda
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