Janice wrote an amazing post on this topic earlier this week, but I thought it might be helpful to add some further perspective. I spoke about this at length at the evo conference a few weeks ago. It is clearly a hot topic.
In this video (after the jump), I address the need to define your end goal before making any determination on appropriate pay (or non-pay) for work.
I would love to hear other perspectives as well, so please do share in the comments. And also, please let me know what else I can answer for you in future installments.