Amazon, trying to get a jump on Apple's new e-book announcement, has declared a 70% royalty option for authors and publishers who price their e-books from $2.99 to $9.99. This is great news, and a huge improvement on the 12.5% royalty we've been getting. It's a triumph for the principle of competition, and could mean a significantly better income from e-books for authors whose books are sold for the Kindle. (Me, me!)
What we need now is similar competition for Google, so they'll set their royalties at a decent rate, too.