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On a serious note, traditional print books have one big advantage, in my opinion: They're more esthetic, on several levels. There's something cool about holding an actual "book," especially one that's been autographed and maybe partly soaked in a memorably rain storm or chewed on by an animal.
Other than that, you can do so much more with ebooks, it's hard to imagine why anyone would still prefer print publications. If you're an environmentalist, print books are verboten. And if you have a transient lifestyle, they're just another thing that has to be packed.
For me, the interesting thing is what you can do with ebooks. It's mind boggling, yet its grossly underutilized. For starters, ereaders just don't have all the bells and whistles websites do.
Another interesting thing is that many publishers like to recreate their print publications as epubs. But rather than take advantage of their new capabilities, they make carbon copies of their print books, which are often obscenely boring.
It would be interesting to see a publisher release one of its books as an epub - but in a dramatically upgraded format, with nice styling, pictures, etc.
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