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The one thing you have to remember, when you're saying how well ebook DRM will work if people have to be connected to the Net whenever they want to read a book:
The Harry Potter books have never been released as ebooks. Yet they're out there. In fact, the last one was out as an ebook before the pbook reached customers.
The solution isn't better DRM. The solution is to make DRM unnecessary. Baen did it. O'Reilly did it. A lot of little indie publishers did it. It's only the "big names" that think the goal is to license limited readings for $15 each, instead of selling books by the bucketload and raking in money accordingly.
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