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I haven't got my Cybook yet, but so far I've downloaded a lot of free books (mostly classics), bought 5 at BoB(most of which were cheap) and pirated a few that I already own in pback (that aren't available at ebook stores).
I prefer not to pirate anything I don't own, although maybe there will be exceptions. With music I've always been pretty good about going and buying the real thing if I like what I download, so maybe that's what I'll end up doing with ebooks if I find a lot of the material I want isn't legally available.
The main page of the Baen Free Library actually has a really good article that touches on book piracy issues. Worth a read for anyone who hasn't check it out yet.
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