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Books and music are a couple of the greatest values in the world. Given the number of times I listen to a song I love, $1.29 is cheap. I'm not a fast reader and it takes me several hours to read a book, usually in small bits of time over days and even weeks. For this much entertainment on demand, $5-10 is a bargain.
There is so much content out there...so many struggling musicians, so many wannabe authors...that it becomes devalued monetarily. That's a problem for the creators (like me), but it's a godsend to consumers.
Big publishers have maintained high prices because they controlled the supply. They still control the supply on bestsellers. But the dam is leaking more and more every day and people are finding alternatives to their high-priced offerings. The bestsellers that everyone must have are going to dwindle in number while most reading takes place around the edges of the mainstream market.
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