That might be stating it a bit too harsh. Although if I have intimated that in the past, my thinking has changed. I think that publishers are vital and valuable to an author. Had I self published my book, I would likely have sold 15 copies, instead of the 3500. Covenant has been excellent to work with in almost every way, and extremely helpful
There is a risk that by putting the entire book online, Covenant won't be interested in this book. I'm hoping that they are still willing to publish it. I may have to pull it down when they are ready, but I will try to convince them to allow me to leave it up.
So far I've had two people drop in to edit the book. One other person left a note saying they liked it. There have maybe been a few more people read all of the chapters, most of them family members. I think if Covenant was publishing this tomorrow, the fact that my book has been online would have zero impact on sales. I would be willing to bet that of the 5000 or so people who have read my book, about 6 of them know I'm writing my second book online, and I can probably name the six.
But I could be wrong. We'll have to see. Either way, it's fun to be writing again. I honestly didn't think I would get around to this sequel, and the fact that I am writing it in a wiki excites me (and helps with my Ph. d.). So it's a good thing either way.