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I'd have no issues buying a book, if I was told - "There's some kind of digital signature embedded in it, somewhere. We're not going to say exactly where, but you could get past that if you really wanted."
That'd probably stop individuals sharing their books on purpose.
It would not, of course, stop people who for one reason or another see it as their job to "liberate" as much media for free consumption as possible.
But you're never going to do that anyway, if it gets too hard to strip the signature from the book, then they'll instead get hold of the books from other people, or set up a fake account and buy the book then release that one.
You won't beat them, but the best you could hope for is to stop people casually sharing.
As for what Nate said, it may well, which is partly why I asked for a few sample pages. With the sample pages I can read it on my Cybook and see if it's workable.
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