That was some years ago and these days, self publishing is much more respectable. There's many places to go as well; Amazon has CreateSpace, there's Smashwords, and much much more.
But I would still like to go with a traditional publisher. Why?
Mostly, so I can work on writing and let someone else worry about
I'm certainly willing to do my share when it comes to editing and book promotion. I'd like input in the cover art however good covers are for graphic artists/designers. But I just don't really have the network in place to self-promote effectively. Nor do I have the confidence required to promote.
There are downsides to traditional publishing. It's simply going to take longer for the book to be available. I will see rejection letters on a regular basis.
I may seek an agent, just because they are professionals that know the publishing market. They get a share which they will have earned.
It is a long road though. No matter what, I will try.