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Originally Posted by ApK
I presume (hope) you are talking about "lending" in terms giving your friends a copy while keeping an accessible copy for yourself?
Hopefully you have no issue with lending through approved mechanisms,
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None whatsoever.
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or lending by actually loaning your device to someone?
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Nothing against it personally, but it MAY be against the T&C of the bookstore IF they sell you the book licence for your personal use only.
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On a related note, just out of curiosity, what would you think about someone stripping DRM from one of their ebooks, loaning a copy to a friend, NOT retaining any copy for themselves, getting a promise from the friend to delete their copy when they are done reading, and only obtaining a new accessible copy for themselves after the friend reports they have done as promised?
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Call me cynical, but I would never trust someone to do that, simply because I don't think I'd do it myself. The temptation to keep it would be too great.