Joe Konrath asserts that you should self-publish (meaning self-publish in eb00k format, primarily) and offers his reasons for that view.  Among other things, he lists many self-published authors who appear to be doing well, in some cases very well.

Like a lot of authors, I’ve wrestled with this issue.    At this point, I’ve self-published only a collection of my short fiction, Ephemera: Dark Stories from the mind of Paul S. Kemp.  I’ve been pleased … Read the rest