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I can only speak for myself, here. I just uploaded my first ebook for online publication in the Kindle book store. During the upload process, Amazon gives you the option of DRM or no-DRM. That was a no-brainer for me... as a completely unknown author, I'm much better off if my work is distributed for free on PirateBay--free exposure! Even piracy is more likely to lead to a purchase than not if nobody even knows who I am to begin with. Distribution is the important thing, initially.
Now if you're a well known author looking after you're bottom line, the issue is more complicated, but your work will be traded by hackers anyway if you're a name in this business. So why worry at all?
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