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I've been using O'Reilly's Safari since 2007. That part of it hasn't changed. You can still view online ebooks and purchase/download ebooks with credit tokens. You can also use the link button that they have for each book to buy it at Amazon/whichever else ebook store that is popular.
To a great extent, the point of O'Reilly's Safari is that technology is changing so fast that it really doesn't make a lot of sense to buy books that will be obsolete in two years time. Thus you pay a yearly or monthly fee to have access to all those books online. I do use my monthly tokens to download epub copies of some of my favorite tech books, but I have more Pragmatic Programmer ebooks than I have O'Reilly ebooks. I don't think that I've actually bought an O'Reilly book via their ebook store.
As long as Safari keeps going, and keeps offering the computer books that I need, I'm happy with the situation. The Safari app on the iPad lets me store up to 3 books locally, so I don't have to be online to read them. Any programmer who doesn't have a Safari subscription is really missing out on a key tool.
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