There will always be people out there that won’t read ebooks, and it’s true that digital publishing is still a tiny fragment of the overall market. But the key to success for the indie author is to realize the print-only readers are no longer your audience. They never were, really, no matter how hard you wished otherwise.
I think this guy is right, even though he states the case very black-and-white.
The comments under the article are interesting too.
I have a friend who have self-published a book, a biography, and it seems to be doing well. I think in that case, paper publishing was the right choice. But: she was in a unique position of writing a definitive bio. She has a big personal and professional network and a ready market. And she had the knowledge and connections to do a print book as it should be. And she had the time and money, five figures I believe, to do it right. These are rare circumstances.
[Note: Carol tells me she is also making the book available as ebook on both Kindle and iBooks very soon, which pleases me, since I've become hooked on the variable font sizes of ebooks after using the iPad for a while.]
Probably a new and "indie" author should only do print if special circumstances demand it, or if it is already a good hit as an e-book.