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Scribd could definitely be worthwhile if pulp fiction is your main entertainment on a consistent basis or if some combination of their offerings made it a decent value proposition. Specifically, they offer a pretty good value on Random House titles if you don't re-read and are content with LCD.
Honestly, I don't expect Scribd to last. They got beyond that initial venture capital stage, which is laudable enough, but they have a less than fleshed out business model that they're struggling to make stick. I would love to see them prove me wrong on general principle, but it seems unlikely.
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