You all make such valid points,I hesitate to think I have something (worthwhile) to add to the discussion. I am in agreement with Zelda... I vote with my pocketbook pretty much everywhere now days, and while my reading addiction was/is probably the last to fall... it Is falling.
I hadn't actually thought about the fact that my unwillingness to pay what I might consider to be outlandish prices for an e-book could be interpreted as disinterest in the product itself, so I will be sure to make my feelings known from now on! Right or not, I think e-books should be priced lower than the average going price of a paperback book-I especially want to know that the authors are being compensated as I'd like them to keep writing new books

I practically Lived in my local B&N-a visit on the weekends normally turned out to be a whole day and 2 shopping bag affair, but when Wal-Mart/BJ's/Amazon and local Grocery stores carry the same books at a much lower price, I wave to B&N as I go by.
So far,my Kindle purchases have been inline with that. I'm not a big fan of Hard Cover books... HC's were unwieldy and in earlier days, too expensive. In looking at the few HC's I do have, they were Always books that either hadn't been released in MMPB or, I just couldn't wait for them to be released (sadly, much rarer these days).
While I've found several books on Amazon that I'm interested in, so far only 1 (Predictably Irrational) has had the $9.99 price... the rest have been less expensive than the MMPB version I would have brought before the Kindle... so, I am buying More books with the same amount of money (wheee!

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Content may be part of what drives the prices on what I've purchased so far. I tend to read history, MMPB thrillers, mysteries, romances, social psychology and interactions (gag, but just 1!)and occasionally, NYT best sellers. Prior to having the kindle with me at all times, cereal boxes, the back of register receipts, and the free booklets at the grocery store were also part of that group. For the most part, I've lucked out in that the prices for most of the books I've purchased have been in line with my discount bookseller prices. I admit, there are a few books that I've marked for later, in case the prices come down, but that really isn't any different than my B&N/discount store decisions.
Thank you for an excellent, interesting view into what your thoughts are on the subject, I truly enjoyed reading each of your posts.