I remember when I first started reading up on the morphs... there was a breeder who had gotten ahold of an unproven line of Axanthic. He bred it, and said, "I can't wait to breed his offspring back to him to see if this is genetic." I felt a little... what's the word... icky when I read that. I understand now that to prove a morph, it's easier and necessary to inbreed at first. And like Adam said, they're a primative species... there's not much to mess up. I know a lot of breeders who will keep on inbreeding, but for me I'm breeding all my HETS to normals to have a healthier stock to work with. If you want to get into morphs and are concerned about inbreeding, research the breeder. There are plenty out there now. If the demand is for outbred specimen, then that will in turn force inbreeders to start outbreeding if they want any business. It's one of my selling points.
As for the whole "breeding for profit" thing... c'mon on. There are such things as moral capitalists :-S I think we're doing a good thing here. We're keeping wild pythons where they belong, selectively breeding really pretty snakes (even normals), and providing for our families at the same time. Cumbaya.