Good luck getting books from major publishers to buy into this scheme. Most independent author publish for lower prices on sites like Smashwords, Amazon digital books (I forget what they changed the name to), or their own web site. Not much point for books like that. As Wetdogeared said, public domain needs nothing like this, since they are already available.
You need to explain more what kinds of books you envision providing, and why your price is set as it is. $29.99 seems high. A lot of people only read a couple of books a month, so that would be more expensive than paying Agency prices.
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