I agree that 99c books are not generally junk. In fact, the project gutenberg library is for free and comprises some of the best literature. But when I look at the cheap ebooks on amazon I usually discover romance books, very simple detective stories or religious literature that do not sound too thrilling to me. Obviously, there are quite a few gems out there in the sub 5$ range. I might actually have a look at it. However, given my limited time I would not like to waste it reading "junk". Apart from that it does not make much sense to find out that a 2$ book has been reduced to 1.50.
By the way: is there a good book review site for these low price indie books? Do they make it into the big newspapers?
I really like the app ticker application on the ipad and I would love to see something similar for ebooks:
http://itunes.apple.com/en/app/appti...356155999?mt=8