we'd been told to expect it, Barnes & Noble's PubIt! self-publishing portal is finally open for business. As you'd heard before, this platform is essentially designed to give independent writers a venue for hawking their masterpieces, with PubIt! converting files to ePUB for use on a wide range of e-readers (read: not only the Nook). Published titles will be available for sale within 24 to 72 hours after upload on the B&N eBookstore, and the company's pretty proud of its "no hidden fees" policy. Unfortunately, the compensation model -- which is being detailed today for the first time -- has its quirks. For PubIt! eBooks priced at or between $2.99 and $9.99, publishers will receive 65 percent of the list price for sold content; for those priced at $2.98 or less, or $10.00 or more, publishers will only receive 40 percent of the list price. In other words, there's a no man's land in that $10 to $15 range, so you'll probably be settling for a $9.99 price point or reaching for the skies at $19.99. But hey, at least all PubIt! ebooks will also be lendable for a fortnight -- surely that counts for something. Right?