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He's completely full of crap, as the apologists always are. I won't buy books with DRM that I can't strip off, because we have already had DRM crippled stuff that became utterly useless when the seller closed up shop (yeah, Microsoft, I'm looking at you).
He is especially full of crap when ebooks cost as much, or very nearly as much, as paper books. If the price is substantially lower, I might considet renting it, but they're not, generally speaking.
And history tells us that he's full of crap, too. Online music sales took off more and more as DRM became less and less common. Book sellers like Baen that do not cripple their products with DRM do very, very well, and have a very loyal customer base. As opposed to the regular outrages against sellers like Amazon, who delete things remotely at the request of the publisher, or Apple, who are more of a cult than a business.
I'll buy used books, or stop reading, before I spend money on DRM crippled books that I can't fix so that I can back them up.
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