I've had my Amazon account threatened in the past, some on here may remember my fear and panic then. I still buy from Amazon and touch wood everything is now okay but I wouldn't be happy with buying ebooks I couldn't liberate. If that really did happen, and the new format is the only download option, then I would buy from Kobo and/or join KU. I'm not paying money to buy ebooks that I only have access to while I have an Amazon account.
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