look at:
www.readfy.com
This is an EBS (ebook broadcasting service

) for Android and Apple devices. If I understand it correctly you have to be online to read the books (genuine streaming). As with other similar services the selection of books is limited.
How is it? Do you find live ebook streaming the way to go? Given a for you interesting selection of books, would you accept possible privacy issues? Can you see "serious readers" (let's say 2-3 books per month or more) use such services instead of off-line reading with downloadable books?