Legacy versus Digital publishing

This blog http://jakonrath.blogspot.com/2011/12/eisler-konrath-vs-hachette.html is required reading for anyone hoping to be published or who is already published and wonders what's going on with traditional publishing models versus the rapid growth of digital publishing. Though the authors are discussing one traditional, or legacy, publisher in particular, their arguments strike the right note throughout. Thoughtful and provocative and very timely.