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But it seems that the books I'd buy would really belong to Amazon, and my access would be limited. They'd determine whether I could move those books to a new computer; it wouldn't be in my control. More like I'd be renting a book with an undetermined return date than actually owning it. Is that accurate?
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Yes that's accurate... but it's accurate for ebooks purchased from Amazon, Sony or B&N as well. Almost all major ebook sellers are selling you a license to borrow -- for the purpose of reading.