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Sounds like something for the moderators to decide. Personally, I like the idea. I have some 100+ books sitting in my Kindle account that I'd be willing to lend, provided there is something I'd like to borrow.
It does however, have the potential to turn into a nightmare for the moderators, unless there are some strict non-negotiable rules set up from the start.
Not withstanding that possibility, I think it is an idea worth pursuing.
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