It's definitely a grey area.. especially given the tool I've created (and others I've written over the last several years).
Now I'm seriously reconsidering making the service public at all. In a nutshell, I have written a web-based tool that can convert pretty much anything to anything. This includes pointing to a URL, as well as uploading a local file.
Microsoft Word => Plucker? Sure. .chm => pdf? No problem. RSS feed to .chm? Yep, it can do that.
I guess I'll just keep it to myself for personal use only. Its too bad that a useful tool can't be shared with others to help spread ebooks in a format they prefer for everyone else to read.
On to my other projects...
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