David Gaughran provides a great wrap-up of 2011 from the perspective of independent authors: The Self-Publishing Year in Review.
Here’s his introduction, but read the whole thing:
This has been a year of massive changes. Some of the older hands say that the business has always been this way.
However, I don’t think we are simply seeing another year of flux. Instead, we are witnessing a process unfold which will revolutionize publishing forever (or at the very least, the foreseeable future).
But hey, I could be wrong, and we might all be back querying – and fawning in the comments of agents’ blogs – by March.
I for one am praying that he is not wrong. I’m not much of a fawner.