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There's no (legal) resale market for non-DRM mp3 purchased through iTunes, etc. either. DRM is neither here nor there provided it doesn't get in the way of ordinary users. There is nothing wrong with the current schemes for ePub library lending or Kindle personal buying. Back-up your data and you're fine. If you're really paranoid about Amazon or Adobe going bankrupt and taking their keys with them, use standard "personal backup deDRM routines". Do not resell your DRM content however: that is against your purchase agreement. Easy.
Personally, I'm thrilled to be able to add dozens of e-books to my collection wihtout anything new to dust.
As for the comments by Random House, if 8+% of revenue is already being generated by ebooks for the entire company, I can well imagine Amazon's ebook revenue vs pbacks and hard covers is well ahead of that since it is such a leader in the industry. When you think of it: two authors alone -- James Patterson and Steig Larsson -- have generated about 2 million e-book sales just for Amazon. Not one of those transactions required warehouse space, postage, packing or the labour to handle it ... and nothing to return to the publisher when interest in the items flag ... and never out of stock for the consumer. Pretty impressive, by any measure.
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