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I have been an Audible Listener for several years and don't know how I would get along without it. I subscribe to a listener program that allows me any two books a month for $119 a year.
The books are downloaded in Audible's own format which allow an impressive length of listening in a very small amount of memory. This was important back when we were using 32MB MP3 player but is less important now.
The books are yours forever and are even redownloadable--Audible keeps your booklist. I don't know much about how the periodical subscriptions work as I have never done that.
There is a list of approved MP3 players which covers most of the common ones and you can put other content on them. You are allowed 3 different MP3 players and two different desktop players. I use one for the car, one for the gym, and one bedside or extra(different books). You can also burn CD but I rarely do. You can fairly easily find programs which will let you rerecord to other formats but I never do because in this case I don't find the DRM at all too restrictive.
The software works very well and is easy to use and has the added feature of allowing you to load only part of a book if memory space is a problem.
I recommend Audible frequently but am always surprised at how few people follow up. Perhaps listening to books is a habit that one must develop but I know I don't drive without a book playing.
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