I'm definitely from the "less is best" school of thought. The first thing I try to do (and I'm not a commercial ePub designer by any means; just to be clear) is forget I've ever seen the print version. I just don't consider it very relevant (in "normal" mainly-text narratives). The ebook is its own beast and needs its own consideration. Reflow changes the game and I wish authors/publishers/customers would just accept that instead instead of fighting it tooth and nail.
So while I'm certainly not advocating a straight text-only representation, I prefer elegant simplicity: The bare minimum that will appeal to fans of typographic tradition while at the same time, not expose the constraints imposed by any particular format/renderer.
Last edited by DiapDealer; 11-18-2012 at 12:27 PM.