All worth reading. The “nuclear option” in Part 3 is an intriguing idea—definitely the opposite of my approach. I guess I’m worried about the preoccupation that the SPP started to develop in maybe late 2012 or early 2013—the idea that free used to be useful, but now (due to algorithm changes and miscellaneous jiggerypokery) isn’t worth the risk inherent in training your readers to expect all your work to be free at some point. But the SPP has always been in favor of permanently free books used as low-friction introductions to series, and that is essentially what Ed’s talking about.
I think the insight comes down to: If you’re a new author with just one title, or (if you’re me) a few unrelated titles, you’re not going to make any money anyway. So you might as well do what you can to get readers, and free is one of the more powerful things you can do.
At the moment, I’m not sure I have the cycles to devote to making a book permanently free in any case—honestly, I’m not sure I have the cycles to reformat THE DANDELION KNIGHT for Smashwords, much less execute any price-matching trickery correctly. And I’m not even working on the sequel to TDK right now, so permanent free isn’t going to buy me any follow-on sales for a while (although it could drive sales of BLOOD, WAX, MIRRORS or a subsequent collection). Still, it’s at least good practice to think about all this.
I think I’m on the final 10,000 or so words of THE EIGHTH KING. Two weeks’ work, in theory. We’ll see.