I was shocked as I read this thread, because in the not-so-distant past, I simply opened PC Nook and then the book files would be in the location mentioned above. I just now got a free book from B&N, opened Nook for PC, and found the files where they should be (7 total). None are .epub, and Calibre couldn't do anything with any of them. So..things have changed. I guess if you buy a book you don't really buy it at all.
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