I agree, Jon, except that the OP never mentioned whether DRM-protected books are important to him. So my own summary is: Stanza or Bluefire Reader is the solution for iPhone today, and Marvin might be the solution tomorrow. (Figurative tomorrow, but in the near future.)
By the way, as far as I remember, Kris did not conclusively rule out DRM support for Marvin one day, just that he's not interested in developing such a feature at present.
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