OK just been reading some gumpf on it all and I believe the files do have DRM on unfortunately. The help files say:
"Note: The encrypted file is known as an .acsm file. This file can only be opened with Adobe Digital Editions or compatible client software."
So they don't support buying books that I can read on my Kindle, they don't support my country and they have encrypted files for offline reading. Massive fail as far as I'm concerned so far