I too think that DRM is a bad thing.
- It does not stop piracy.
- It only hurts the people who legitimately purchase DRM'ed material.
How many people here purposely purchase DRM'ed .LIT ebooks because they know they can break the DRM? (under the guise of the DRM preventing accessiblity)
I think the ebook industry/market is less mature than the emusic industry/market, and it is certainly less successful. EMI and now Universal have dumped DRM because it is hampering their growth in digital sales. Watermarking the ebook file as Universal Music will be doing with it digital music is a great compromise in my opinion.
Sony and publishers, even more so, need to see "the light".... will it happen?