So I looked at KDP Select - amazon's amazing new offer for indie authors. Sign exclusively with us for 90 days and we will put your ebook in our amazon prime lending library. You get a share of half a million dollars in December alone. $500,000? Just for December? Where do I sign?
Read the small print. You get a share of the money pot depending on how many times your book is borrowed as a proportion of all borrowings. And the library is growing rapidly by the hour since amazon emailed all us indie authors yesterday. But in return, amazon demands exclusivity - you cannot sell or distribute your book anywhere during that 90 day period - that presumably means you can't sell your books off your own website and you can't give books to reviewers.
Where it really get complicated is if you have ever sold your book via smashwords. Quite apart from the fact that you have to wait for smashwords to pull the books from B&N, Apple, Sony and other sites (which can take a few weeks), you need to remember that even if you unpublish a book from smashwords, the site retains a copy to service previous customers of that book, which they will presumably distribute to said customers who wish to re-download. Bang go amazon's terms & conditions then. And once you violate amazon's t&c, the wording is sufficiently vague for them to get away with anything.
I'd maybe consider it for a new book. But you'd have to have a huge proportion of downloads (not numbers, but % of total downloads) to be making real money at this new game. So I'll pass for now and stick with smashwords and getting my books into as many different outlets as I can.
But KDP Select does sound like a menu option in a Kentucky Fried Chicken outlet, doesn't it?