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1. Seems to be only for USA.
2. Tied to their app, so you don't really get to have the ebook. Yes, B&N, Apple, Amazon do that, but Kobo and Google don't as they use ADE for DRM.
It seems ill-conceived and doomed without all the big publishers directly involved as an alternate to Amazon. Sony gave up. Apple went DRM free on mp3s. Publishers need to do that or Amazon will completely own the market. DRM doesn't stop pirates and Amazon has already over 90% of world wide English Ebooks and about 80% of USA online paper format sales.
Smashwords/Draft2Digital will outlast it.
it certainly doesn't support any of my local bookstores.
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