Willpower depletion seems to depend (at least to some extent) on whether you believe willpower is a finite resource or not. What that means for people who are aware of that fact, I haven't the slightest idea, but it's probably like what happens to people who have a thorough understanding of the placebo effect and are aware they may be experiencing it.
Your willpower gets depleted only if you think it does? So...why do that then?
I recently read this book. I've tried to summarize the main points below -- you can read my notes here (MSWord doc). You might also find Derek Sivers' notes useful, which can be found here.
NOTE: The general model of willpower (as a finite resource consumed with use) used in this book does not seem to represent a scientific consensus -- see the comments for more detail.
General Claims
Willpower Depletion
Restoring Willpower
Miscellaneous
I declare Crocker's Rules.
[i] I didn’t see enough evidence to conclude whether the cravings are actually stronger, or people are simply less able to resist them, or both. The book claims that both are true.
[ii] The book seems to imply this mental nagging costs willpower, but I don’t recall it being explicitly stated. GTD is also mentioned, and the lack of Next Actions which one has the materials to execute being included in plans causing people to procrastinate. (p. 79)
[iii] The relevant experiment was conducted in a laboratory, so there is no possibility of the experimental results being affected by the fact that people with more self-control may keep their house cleaner. Self-control was measured in ways like being willing/unwilling to week for a larger sum of money instead of receiving a smaller sum immediately, and choosing healthier foods over sugary snacks.
[iv] I wonder if this means that people are more likely to ignore opportunity costs.
[v] ‘Conserving willpower’ is also mentioned around here, which seemed to imply that effective precommitment helped reduce the willpower costs of overcoming constant temptation by making the decision easier.