The idea of social tagging like that won't work. All that needs to be done is the book converted to some other format say HTML and the social tags removed and the book distributed in HTML or put back as it was. The only way to actually do it is to do it the war eReader does it. But then again, eReader has been cracked. So that's out.
The only social DRM that would work (IMHO) is more eBooks at reasonable prices without DRM. The more people would actually purchase eBooks instead of trying to steal them.
But then, now that I can remove DRM, I do purchase more then before I could.
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