During an interview in May
http://www.libraryjournal.com/article/CA6729290.html
Quote:
How can readers read a book when they’re out of Internet access? Can a book be downloaded?
The browser connection will cache titles, just in the way people can access Gmail offline. If publishers choose to allow downloads, books will be available in Adobe ACS4 files with digital rights management.
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so it will be up to the publisher to allow the download. If they do they will be adobe epubs or pdfs