Comrade Raptor, you are out of date. The Internet and modern technology opening up direct access to the public allows a talented person to bypass the gates. And those gates, as we have seen by the number of excellent books which were at first turned down by publisher after publisher, are not some magical filter separating the wheat from the chaff.
E-publishing means anyone can get their work out there and the public can be the judge.
As for, What book is everyone writing right now?:
My novel has a complete storyline, no name, and I continue to revise and revise. I'm working on the hard part, putting the details of the world in around the story and characters. When I have a new revelation and make another revision I get even more excited and happy with how it's coming along. Whether I'm going to end up with something I love and no one else does remains to be seen. Part of me says a person cannot just take up writing and put something good out on the first attempt and another part of me says yes I can. If enthusiasm can write a book, I'm there.
It remains to be seen and it's a very long way from being finished, I'm estimating a year or so. But I'm living in my story world in the meantime and that's just great fun for me right now. I love the characters. I love the story. I thought I had the ending, changed it a couple times, and have decided I'm not quite sure where to stop the story and have it feel complete. But there's time for that.
I'll put a plug in for Tiktaalik's book, BTW. I can't wait for the second installment. And I'm looking forward to reading the book my political nemesis, Gumboot, has written.