Here in Russia, typical eBook price (they're all DRM-free) is more or less $1 (1/10th of the actual hardcover book).
Sometimes there's actually sales, and everybody is happy. Moreover, in our stores I've seen most accurate and well-formed eBooks ever (correct multi-level ToC, big covers, embedded illustrations). And most times you pay once and get eBook in any format you want (epub, mobipocket, html, rtf, pdf, fb2, palmdoc, etc) - e.g., I am usually download epub and pdf versions, all free of additional charges.
So I must say, that maybe Mr. Michael Justus must look closer to publishing process and do not build wild theories.
Last edited by 13xforever; 02-02-2009 at 12:51 PM.
Reason: added absolute eBook cost
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