How long before ebooks hit the $1 price point that music has? Will it ever?
With new ebooks hitting the internet torrents as fast as they're published, how long can the majors get away with charging full pulp price for an ebook?
Surely they've done their math and think the current prices yield the best return but they must know that it can't last. As more and more folks switch to e-readers (1 in 6 now?), and demand for ebooks increases, so too will the availability of the torrents.
Will it be a gradual decline or a sudden dump to a buck?
Or are avid readers just so morally superior to teenagers and their ipods that pirating will never be a real concern for ebooks.