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Partly, the relative value thing depends on what your reading habits are. If, like me, you read most books once, then future ebook issues (format changes etc.) aren't an issue for those. If you read fewer books lots of times, as I understand some people do, then I guess it's more of an issue.
There's no "right answer", but for many people, I suspect that they read most books once and never look at them again, so an ebook suits them just fine, so long as they can read it this time around.
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