I left Stanza when eReader and Fictionwise were decimated by the Agency situation. The few books I buy now, I read in their respective apps on my iPad. I deDRM the ones worth keeping and store in Calibre for future-proofing.
Haven't upgraded to iOS5 because I'm waiting for detailed reviews on iCloud. I rely heavily on MobileMe for a synced family calendar and want to proceed cautiously. That and my better half is stuck on Snow Leopard until AVID releases their Lion-compatible version.
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