Free Books—Really a Bestseller?

Have you guys been following the trend of free books being offered on Amazon for their Kindle. If you don’t know what I’m talking about, just check out the Literature & Fiction Bestseller List and skim through the top 50 books.

The New York Times recently featured an article that gave coverage to both opinions—stating that publishers and authors are divided on this issue. One side makes a case that it allows the public to discover new authors risk free, the other side argues that it devalues your product.

The article also states that authors are “torn” on this issues.
Are we?

For this post I’m asking you to share your thoughts, specifically talking about your books. Would you want to see your work offered free for e-readers, and under what conditions?