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I see locations pretty much as I do page numbers really.
If I'm on location 2404-19 out of a max 4859 then I can instantly see without looking at the percentage read that I'm about halfway through my book.
Just look at the number before the hyphen (in this case 2404) and imagine that this is a page number (albeit a large page number) and you've read approx 2404 pages out of 4859.
Perhaps it is the hyphen which is confusing some people. For me, I see no real tangible difference between locations and page numbers - except the big bonus that locations are exactly the same on books read on all Amazon Kindle hardware and apps.
I wish locations were the standard across all ebook devices so it would not matter on what device you read an ebook because citing a location would be the same no matter where you read it.
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