When you know you’ve done it right, finishing a rough draft if a fantastic rush. It’s hard to come down from that feeling of euphoria–until you realize that you have a lot of editing to do.
I currently have 5 novels (and one screenplay) that I probably won’t finish, 1 that I might finish, 2 that need editing, and 2 that need rewrites.Basically, I have enough to keep me busy for the next 5 years.
I think a lot of amateur writers think revising their manuscript is some kind of admission of fault. I’ve found that no matter how many times I go through, I can always find something to do better. Then again, I’m not Stephen King. I’m not even Don King.
While I might not like editing as much as I like creating my rough draft, I come up with some awesome things that second or third time through a manuscript. So in the end, it’s totally worth it.
I think there is a point when you have to stop editing, but I know that ever revision I’ve done, I’ve been happier with. It sometimes takes a bit of time before you can actually get through the edit, but I think there is always something wonderful that comes out of an editing range.
Writing is just as fun too, though. I do notice that I’m a magnitude faster with the initial create than the edits. 😛