Thoughts of someone outside of the book industry on this most interesting of topics….
I understand that as of now – May 2010 – the eBook market is still quite new. However it does have some disturbing trends already; the main one being device specific formats, aka lock-in. I believe that if you buy an eBook for your Amazon Kindle that book cannot be read on your friend’s Nook reader device.
Note I say buy, the assumption being these are NOT the free, out-of-copyright texts such as Aesops Fables.
Hence you cannot lend them that eBook, nor can they buy it off you (assuming you can somehow sell 2nd hand eBooks, legally). I understand that some providers will allow you to lend ‘their’ (your?) eBook out to someone else, but they must have the same device as you. So again device lock-in.
This is Blu-ray versus HD-DVD all over again. Or, if you are older, VHS versus Beta. Where there’s no neutral standards, vested interests dive in and format wars erupt. The consumer is the loser.