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I don't think accomodation is possible. I mean, what are the choices?
1. Copyright holders insist on being paid for every transaction (DRM). In this case P2P folks lose, but piracy goes on, just at increased risk.
2. Copyright holders make books so cheap and readily available that piracy's impact is minimized. It is arguable that this is already largely the case, but I see ebook piracy growing while the total book market continues to shrink. In this case P2P folks effectively win, since they can continue to get content for free.
Music went with #2, but only because they were able to find a price point whereby publishers and artists could continue to make money. I'm not convinced that price point exists for ebooks. Most authors certainly can't live off the $1.00 ebook even if they get half the revenue. And authors don't have performances to fall back on for additional revenue.
Longer-term, if socities could make it as "cool" to read as it is to listen to pop songs or watch streaming video, then you could grow additional revenue streams for ebooks. But I don't see that happening.
What's the other choice? Advertising-supported ebooks and readers? It would be a worthy experiment, but we have something very similar already called magazines, and most of those you're still expected to pay for, not copy and share for free.
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