Thought people might be interested in this article posted at TeleRead: http://www.teleread.com/ebooks/discussions-with-kensington-publishing-head-steven-zacharius-lay-bare-the-wide-gulf-between-publishing-execs-and-writers/ .
It's an interesting look into book contracts, Kensington Publishing, very unhappy writers and the state of the traditional publishing industry.
Thanks. I have a novella nearly ready for the market. (A dirty word here at Fn, market', but what the hey, I batted for prime time on this one, not literary vindication.) Kensington was not on my list of targets, but I think the complaints spill over these days into many publishers.
James, good luck!