Thanks a lot, guys. This is why JD is the best place around.
I am shopping my first novel (really my second, the first is shall we say... a disaster) around while I continue to write the new one, and also I have some other short stories out there circulating. It's so hard, but this is all I've ever wanted. I feel like finally I'm making some headway.
As far as the sale of the story, yeah, it's a fee up front and then some royalties, provided there are any. They're sending me the contracts soon. My first contract!