Should writers pursue print publication or publish their own ebooks?

The above question came up in a forum recently, and while everyone has to determine what's right for them as it is a very personal decision, I gave them my thoughts on the topic.

I say go for both--print and ebooks. If you have a traditional publisher for your print, all the better. But don't let that stop you from publishing your own ebooks, especially the ones your agent and publisher aren't interested in. You definitely don't want to overlook the ebook market. That's where the money is...