In her blog, “Disregard the Prologue,” Kate Sparkes has been writing about her experiences with independent publishing. Her post on working with an editor is excellent. She also has a publishing FAQ that deals with some of the questions she’s asked about her choice to self-publish. Included in her post is a link to another
site page that explains how much editors should charge.
Bonus link: Seven Deadly Myths and Three Inspired Truths About Book Editing.