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I have a Sony Reader PRS-505. Now, let's say I want to purchase an eBook but it's not available in a format my 505 can handle? So I purchase it in a format that it is available that my computer can handle. Now, I strip the DRM, convert it so I can use this eBook with my 505. I don't give it out or sell it. I might allow my wife and/or mother-in-law to read it if they want. But, what I have done is purchase an eBook that I would otherwise not have purchased if I could not have stripped the DRM. Maybe technically, I've broken a broken law. But morally, I have done nothing wrong. I've not let more then three people (myself included) read this eBook. I don't think I've done anything wrong stripping the DRM. Because I can strip the DRM, I've bought more eBooks then I would have otherwise. So in my case, stripping the DRM has put more money in the pockets of authors and publishers.
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