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Yeah, what the DRM issue means to you, and to everyone else, is this - it is illegal for you to convert a Kindle-format e-book to another format. Even if you paid $10 for the ebook and own it legally. Even if you just want to read it on another gadget that you also own. Even if the Kindle goes out of production. It is never, ever, ever OK for you to decrypt an encrypted file. Moreover, it is never, ever, ever OK for you to have on your computer any application that can decrypt an encrypted file. That is copyright infringement.
I ran into this issue with my PalmPilot when I had a nasty case of eyestrain and couldn't read my ebooks on the screen. I wanted to print them out so I could read them on the page (which is what I did with my plain-text ebooks). But because they were eReader files, I could not print them out without breaking the DRM, which is illegal.
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