"The trouble is, I just know that if I write something new, I'll end up with yet another 1st draft that never gets edited. My life is full of 1st drafts, but I still keep chasing the excitement of that new story." - Angeline Trevena
This totally struck a chord with me! If you look at my WORDS + music page, which is a page listing the projects I'm working on, you'll see that I have a fair few completed drafts. I also have a fair few non-completed drafts that I'm still working on (WIPs). Aaaaand, only one of my novels is anywhere near being properly polished (it's on draft #5 or something, currently). The rest of them are in dire need of some TLC. And while I actually quite enjoy revising, editing, etc., that part of the whole process is definitely way more work than the initial spewing forth of rough material.
Angeline prefers writing new material. I don't necessarily prefer it, in fact I really get invigorated and inspired by revision. But the fact remains that I have given far more attention in my life so far to writing new stuff, instead of polishing what I already have.
What's your ratio of rough drafts to polished "ready" works?