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Sorry, Rob, but I ain't gonna spam the thread with a thousand posts, so here goes...
Lack of "end of chapter" feature. Poor formatting + editing. Lack of standardized, universal file format usable by any and all readers. Wonky pricing. Geo-Restrictions. DRM. Temptation to torrent. Can't lend out books easily or legally. Too many books "published" by people who shouldn't be writing for a living in any way, shape or form.
Other than that, they're awesome.
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