How much do you think a good story is worth? I don't mean a book necessarily since books can be collectible and that's not what I am getting at here, but how much do you think a novel length story is worth?
When deciding this you might compare the value of the read vs. other entertainments such as the cost of a movie rental? The price of a video game? The cost of a newspaper or magazine? The drop in fee for a local gym or that knitting class at the community center? For me the value varies wildly depending on how much I enjoy (or expect to enjoy) the book.
With that in mind I have been thinking about the current "race to the bottom" debate in e-publishing that has been raging on the blogosphere. For those of you who are unaware it essentially boils down (in an inelegant way) to publishers claiming that self published authors are going to ruin publishing by offering eBooks at rock bottom prices; while the self-published authors are claiming that large publishing houses are bloated profiteers.
Full blog post at Bookfinder