I never pay the premium for a hardcover if I know it's going to come out as a paperback. I'm prepared to wait because I know it's going to be a good book. Of course this only applies to authors that you've established that you like.
The only hard covers I buy are the ones that I don't think will ever make it to paperback because they're not that commercial. 'Marley & Me' being one of them.
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Besides, if I'd bought the Prachett as a hardcover, it wouldn't match the series of Disc World paperbacks on my shelf. I guess I do judge books by their covers after all.
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