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My personal feeling on why I hate DRM is that it is too obtrusive. Sure, some are pretty loose on who can use it... But still, that's not foolproof. Passwords can be lost, other factors can also mess that sort of thing up, depending on how the Ebook DRM works... For example, buying a new computer or Palm or whatever may cause some types to stop working (excuse me if I'm a little naïve, but as I said, I don't touch DRM). If something stops working because of the DRM, I'd personally get real angry.
Also, I find it as evil as MS's software activation. People crack it, and yet they STILL put it in. It doesn't take too long to crack MS's activation or anything else, yet they still bother. Why, is really my question? Why bother with something that will probably be worked-around in a fairly short order if people are motivated?
Remember when Yahoo, AIM and MSN (all at different times) changed their IM protocols to lock out 3rd party clients? Well every time it took a matter of days for someone to reverse engineer the new protocol and patch the clients. If someone's motivated, they'll crack it.
Music on DRM is just annoying. Most of the big online music stores allow you to burn CDs, which you can just as easily turn around and rip back in a non-DRM'ed format. It just creates a little extra step to dodge the DRM, but the step is so simple, why bother having it at all? And if you can't burn to a CD, then that's just a corporation trying to control you more.
Hmm, seems I got a little far off the DRM in Ebooks...
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