Competition for providing ebooks and ebook readers has to be a good thing. If 88,000 titles are immediately available for the Kindle, that's still only 1% of the total number of pbooks available at Amazon. So there's a long way to go and I think this is a very positive step for ebooks in general. For Sony, I will guess that this will hurt them in the short term. But if they stay competitive in technology (i.e., for future Reader models) and in providing content, this competition will only help drive demand and will be positive for them in the future.
