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I prefer trade paperbacks. I don't buy hardback, but like the size and format of trade paperbacks. They fit fine in any bookshelf I've ever had. I like they way they fit in hand and I find the typography to be in general better than typical paperback. Before I switched to e-books, my purchases were almost exclusively trade back.
I will agree that it isn't rational to price e-books on print edition prices, but that's the model publisher's have adopted: the current edition of the book sells for X, regardless of format.
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