There are quite a lot of Readers outside the USA. Including mine.
You can even buy books on Sony Connect site from "outside". You just have to ask somebody on this forum to buy gif certificate for you and send him money via paypal.
There are quite a lot of e-books available on the net - for free (project Gutenberg, Baen free library, various other sources) or commercially (Fictionwise just started to support Sony LRF format) . Just click on the E-Books link on the top of this screen.
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