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I agree DRM solutions of today is far from optimal. Elib a swedish e-book distributor started watermarking their books instead of the regular DRM schemes, one would think this would be a very welcome change but it turned out they had put the watermarking on every other page taking the attention away from the actual reading. After massive critic they change it to be less frequent for everyones benefit.
So far the best solution is actually the watermarking because it doesn't lock you to a certain device and the company has still gotten a form of protection against piracy and you should be safe for years to come to still be able to read your books on any device you see fit.
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