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I just did some maths, looking at 36 books that I bought between May 2009 and June of this year, from Waterstones.
Amazon is substantially cheaper - around £50 less than I paid for the collection I have.
More interestingly, and proof of how utterly stark staring bonkers Waterstones have become, if I were to buy the same collection today that I've amassed over the last fifteen months, it would cost me £30 more than I paid originally. In the face of increased competition from the Amazon juggernaut, Waterstones' prices are higher than they were.
To buy the same collection of books right now, it would be £80 cheaper to go with Amazon than with Waterstones, which is almost the cost of the K3.
(For the fairest comparison, I re-adjusted prices of books bought last year, too, to see if the VAT change made a significant difference; it didn't. Even allowing for that, most things on Waterstones have gone up since I bought them.)
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