Quote:
Originally Posted by kovidgoyal
But the text is duplicated (and if calibre is working well) so is the formatting. Its like water in two different containers. The fact that one container is plastic and one is metal doesn't change the water.
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Oh, but container does matter!

They do sell bottled water, don't they?
The fact that you are distributing calibre for free does not MEAN that calibre is not creating a value. You gave it to the world, but you can not limit anybody from using it for commercial purposes. Baen does! The fact that Baen owns the "water" is secondary, the application of Calibre has created a new flavour of their product.
It is the value of container that is falsely advertised here. It is very cheap to produce. Penguin's classic edition would add (copyrighted, but let us ignore that for a bit) new artwork, commentary, formatting... gilded container for the same "water", essentially.