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Well, it will be interesting to see how they handle the changeover from epub to mobi.
When whsmiths formed a deal with kobo (I think the deal stated that smiths get a cut of all sales in the uk from kobo) your library was (more or less) transferred over to kobo which worked fine as it was selling the same ade epubs.
Now I'm guessing that a number of people (me, for example) shopped at waterstones as well as other places. This means that a bunch of your books will not be available for re-download if the library is moved over to the kindle - could be the first public backlash against drm as the public get scuppered when getting a new device (having part of their library in epub and part in mobi).
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