I've just read a long (but not too long) blog post by Moonrat, an editor (via Nathan Bransford). It says a lot of what I mean about publishing. I'm too busy right now preparing for the most awesome dinner party ever (for our anniversary) to go into this more, but if you're at all interested in the fate of books and those who write them and publish them, go read it.
This blog has moved.
My blog now lives here:
http://nicolagriffith.com/blog/