The literary agent Rachelle Gardner had an informative post on her site recently: Can I make more money via traditional or self-publishing?. Her post looks at the issue from the agent side, specifically what the monetary threshold (e.g. amount of the advance) of her clients is before they would choose to self-publish.
I am a neophyte to all of this, and I should mention that I have my heart set on traditional publishing. Nevertheless, I am learning a lot about self-publishing and the opportunities that are opening up to authors.
I’ve written a lot about my experiences at the Matera Women’s Fiction Festival and what I learned there. The merits of traditional vs. self-publishing were discussed on the podium, and in the hallways, and later on in the restaurants and receptions.
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