Quote:
Originally Posted by TimW
Again, there's no sound economic reason for Amazon to switch to ePub.
I believe we are at an impasse. 
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I have no inside knowledge. But it seems to me that Amazon have a choice of moving to ePub or extending Mobipocket. The former seems to be a lot simpler, as extending Mobipocket would also require getting publishers to support the new features.
I don't think Amazon can just stick with current Mobipocket. It's OK for novels, (although even there it has limitations), but it's not good enough for many book formatting requirements.
I think that in five years all ebook reading devices will be supporting ePub. But unless DRM goes away, they will still not be interoperable. The big advantage will be for publishers, who'll only need to produce one ebook format.