What worries me the most about the ePub/Mobi formats that is that their horrible support for math/formulas. Technical books are being relased with math or formulas saved as an image, which scales rather poorly. And real MathML support seems like a far reality.
Unlike PDF, I've also noticed some books including images (for example, maps, or graphs) which are very small, and don't scale that well. That's a ruined book!
ePub/Mobi is only good for non-technical stuff like novels. Anything that has illustrations or formulas should be in PDF. My fear is that publishers jumping on the ebook bandwagon will release their ebooks only in epub/mobi formats which is going to suck badly.
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