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If they have reached an agreement that makes Waterstone more money and Amazon is good with it then good for both companies. Time will tell if it is a good arrangement or not but at least someone seems to be trying to do something a bit different.
This does make it look like BN is still a good deal away from launching the Nook internationally which is not helping BN. Kobo is probably catching up to BN because of its international reach, and Kindle is gaining steam throughout Europe, I believe I read somewhere that it is the number one e-reader in the UK now. If BN is able to make its way into the international market it is likely that they are going to be in a distant third, maybe even fourth behind Sony. It depends on the price point for the Nook.
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