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With pbooks, I have always just waited for the paperback. Most of the time I haven't even been aware that a book had been published in hardback. The problem with ebooks is that there isn't a visible distinction.
An ebook is an ebook at $25, and its still an ebook at $4. The only visible change is the price -- if there is ever any change at all, that is.
So I'm with the OP, but my target price is $7. I seldom ever paid more than that for a pbook, so I just won't pay more for an ebook. Lots of good new books, and old books, out there from $0.00 to $7.00 that keep me entertained. And then there is always the library.
As someone said in one of these threads, I don't have a problem buying old classics for $1.00-$3.00 instead of pawing thru 5 copies of the same "compendium" to figure out which one has all of the books implied.
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