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I've got nothing against a good multimedia experience or even just good hyperlinking. I don't see how the loss of an innovative publisher is much of a blow to progress. Since at least the days of CD's, the issue is content creation not how to publish it.
It is hard enough to create a good book or other written work. Adding other media or links that add value to the work only adds to its difficulty. More power to those who can do it but there would not be some flood of talent if "innovative" e-publishers became common. We'd just have a flood of crappy multimedia works.
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