Originally Posted by yvanleterrible
C'mon guys! Most of the books in the libraries I go to are reference only. They'll never close those. Stop jumping the gun! Ebooks, right now, are geeks only! Who else would pay 400 bucks up front, before content, for a reader? Joe middle who won't.
When the technology becomes mature and is massed produced, they won't be $400. They'll be closer to $40.
Then, if publishers wake up to reality, books should start selling for less since their costs will be very low due to the lack of physicalness of eBooks. Bookstores and libraries won't need to pick and choose what titles to carry, due to limited shelf and warehouse space. All books will be available all the time.
Joe Middle Class won't pay $400 for an eBook reader plus 20% more than paper for books. But he will pay $40 for a reader and $1-5 per eBook.