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What it boils down to is this:
with the exception of some nonfiction and educational materials, reading is a hobby. It is part of the entertainment industry.
So what that means is that publishers and authors can bitch and moan, gripe and complain all they want but at the end of the day they are fighting for my money. I choose how my money is spent, not publishers and authors.
What will happen is that they will look up and realize that all their bitching and price manipulation has lost them the few customers they still have. Angry Birds cost $0.99 and I can get hours upon hours of entertainment from that alone. And if I want to read something? I have so many books that I can read for the rest of my life without spending a dime. I have so many free books that I have to make myself read them. Pffft.
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