Publishing your WIP or Going Traditional?

Nathan Bransford is a funny, former-agent author who writes about writing. He has a poll up today on Twitter asking:

          How do You Plan to Publish Your Work In Progress?

Interesting that there might be an uptick in self publishers among us. Will you choose self publishing first, or only after seeking the traditional route? Hmmmmm.

I think it mostly depends on the stage of life we are in. For example, writers with younger kids, or who are older don't have the time or energy for the requisite promotion. It takes hours online to keep up your presence–time they don't have. Some writers will get lucky with submitting to an agent, only to have their book sales fall flat. Lots of variables to ponder here.

The one that caught my attention on the issue:
WHAT WILL THE PUBLISHING INDUSTRY LOOK LIKE IN FIVE YEARS?

Several posters said that ebooks will take over and bookstores will go away. :-(
Another thought that self pubbing straight to Kindle is the way to go.

"the Big Six will be more selective about the quality of their books so it s a stellar experience for the reader."

Hillsy: "e=pub books will drive down prices but increase choice. With 'small' books becoming cheaper and 'big' books holding or growing in price, the small and the big are pushed even further apart."

My fav by GhostFolk.com: "There's a huge glut of mediocre fiction because publishers have so so so many slots to fill that anything they can slap a trend over (or title) on gets published. This might also mean that they spend a little more time promoting the titles the DO publish, rather than just dumping them into the marketplace month after month after month sto see if one of them might not sink as quickly as the others."