Here's the news for the week: the editor at the publishing house, F, likes my book. She will be submitting it to the editorial board (the people who really make the decision) sometime in the next few days, and hopefully they will decide to buy it. She had a list of suggestions for changes and questions she wanted me to answer about the book and the series as a whole, but overall she liked the voice, the story, and the writing in general.
So for the past few days I've been working hard, steady, and with great energy. And K has been working tirelessly as the intermediary between me and the editor, passing F's notes along to me and my revisions back to F. K says that even if this publisher decides not to buy the book, she thinks that she'll be able to find a place for it somewhere. So, no matter what happens, right now I am brimming with hope and possibility.
It's a very exciting time.