A Word in Your Eye

I realize that this is something that is in flux even as I write about it, but following the recent exchange of points between Sarah and Maureen and company (lots of company), I got to thinking that it might be useful to try to draw up a comparison between what people expected from traditional publishing and what they could expect from the new independent or epublishing world? Here's what I came up with.
( A lot of meandering thinking out loud... )
The "author does it all" model, financing that doesn't have up-front advances or costs but does offer continuing revenue streams and public patronage, and an effectively unlimited market where authors need to build a fanbase over time. It's a huge revolution! And it's just starting -- watch out for tomorrow's ebooks today!
( What incited this? Some links... )