Less stupid question - I'm currently torn between self-pubbing and trying to go the small press route with the Israel book. I did read the article Haupe linked yesterday on JF's blog (thanks, Haupe), and I just... can't make up my mind on what to do. Any purgies who have made that decision care to weigh in?
I've thought about this a lot and there are two parts to the decision. First, consider your longterm goals:
1. Do you want a hybrid career and are you intending to write more books like this one to selfpublish?
2. Or do you really and truly want to publish with traditional publishers but you'll put this book out because you don't want to trunk it?
3. Or do you want to try to make it as a solely selfpublished author?
If it's 2, then I'd say go the small press route.
The other part of the decision is how much time and/or money do you have to put into the selfpublishing aspect of it?
Very few people can do the editing, copyediting, cover design and ebook formatting in the various formats themselves and do it well. For people who work fulltime or are juggling work and family, or have lots of family obligations, it would be a challenge unless you can hire someone to do some of it for you.
It's a tough choice. I don't want to say you should do one or the other, because i made my choices based on where I am in life and what I want, and that differs for everybody.