Now? Not so much. There are still those masses out there who use it to publish their un-edited masterpieces - don't get me wrong. But there are also those who are serious writers, who've worked, researched, and sweated out all the details. Those who invest in themselves and their work to get it to the quality needed to really get somewhere.
Are they giving up? No. In many cases, they are making a valid choice between offers of publication and going Indy. I've read self- pubbed books that are scary (like I want to take out the red pen scary) and those that I can't wait for the sequel. SAME AS TRADITIONALLY PUBLISHED BOOKS.
Am I still hoping for that traditional route? Yes. For myself it makes sense at this time to pursue that avenue. Am I opposed to looking into it sometime? Not at all. Maybe that seems non-commital, but I don't think so. It shows that you don't have to be on one side of the issue. I can support both, as long as they are done in a way that takes writing seriously and puts more good books into the hands of readers. Isn't that really what it's all about?
What do you think? Have you done it? Would you do it again? Would you consider it?