Yes, that's exactly how it works. When listing your entries you price your work in USD, BTC price conversion occurs at checkout.
That's great, that was the big thing I was worried about. I'll plan on using your site when I end up self-publishing my book. I figure I'll probably sell it on your site and on Amazon.com, with it being discounted on your site to encourage Bitcoin purchases.
As far as
E.exchanger's question - I am writing it in the science fiction genre. Thanks for the good luck in wishing it to be a huge success, that is greatly appreciated.