Yes. There's much done well, and as we all know, it's what you do right that makes a book work, not what you manage not to do wrong.

Had an interesting conversation at one point with three other female YA writers, all of whom were asked to write under initials--two refused, one agreed, and as far as I know there's no correlation between those decisions and how their books did.

Never been asked to write under initials myself, but that may be because my books have mostly been perceived as having a primarily female audience.

(I of course have major issues with the whole boys-are-less-tolerant-than-girls-so-lets-only-cater-to-the-boys attitude, but that's a whole other rant. :-))