So things are moving fast in the ebook world
Kindle and iPhone, now this...
We will see how it goes, but I think this is a big opportunity - it's not that big a deal to setup an ebook store and if you cater to independents/multiformat there are no real bariers, so from that point of view I am not that worried; if BN shuts out independents they will go somewhere else.
The downside to me is that BN can decide to pull the plug anytime; they lose some money, but for them it's pocket money and considering how they pulled the plug on their first ebook foray in the dot-com times - seems like a lifetime ago
, but it's been not even a decade which is nothing on historical time scales...