Want to Be an Editor?

I recieved a very interesting email this morning from an author who's inviting teens to comment and edit on the first book she ever wrote in its raw, unedited form straight from the journal's of her fourteen year old self. Then, as a group the book is going to be rewritten one chapter at a time in hopes that the finished product is fit to publish. Check out her post about it here or to check out the story and its process here. It will definately be something interesting to watch. How about you? Do any of you have notebooks full of novels waiting to see the light of day?