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I think the "worth" of a book depends on the format of the media and how long you will have it.
A nice hard cover is certainly worth more than the same book as a MMP.
For an ebook, one with DRM is worth less because you are basically renting it. If you look at movies you can rent the DVD for $3 or you can buy it for $12. So, I would be willing to pay a bit more for DRM free ebooks than those with DRM. Although these days DRM is pretty easy to remove.
The bottom line, as someone said is that books are worth what someone will pay for it. If people will pay $12 for an ebook then that will be the price. What I expect will happen is that the price will be based on how close it is to the release date. Perhaps for the first month the book's price is $19.99. Then after that it goes down to $12.00 for about 3 months, then it goes down to $9.99 for maybe a year. After that it goes down more. So, back catalog books should cost maybe $3 or so.
BOb
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