While browsing recently, I found an article called How Amazon Could Change Publishing, written by Sramana Mitra. According to her biography she has no direct experience within publishing, and it shows.
Mitra’s article is full of the sort of errors that just ten minutes of basic research could have avoided. Most of her errors have already been addressed in the comments which follow the article, and as Nora Roberts has already made her feelings about the piece clear, I’m not going to rehash them here. Just read it, and be amazed.