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Competition is always good, and now that Kobo is being backed by a big player (Indigo sold the company just in time!) they'll actually be able to play on the same field as Amazon.
I know there are a lot of people who are frustrated by how long it takes to distribute books to Kobo through Smashwords and how long it takes for updates to trickle out to the stores. It will be good to be able to go direct.
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