From the first post, it is incorrect that you can't use K4PC to download books and remove DRM. It's more of a pain than it used to be and you only get KFX format ebooks but it is doable.
Moving on to libraries and their content. While I find my local libraries useful for non-technical content, i.e. newer fiction read for entertainment, the selection of technical non-fiction ebooks is poor. As one person at the library told me once when I requested a couple of ebooks, the library is unlikely to be able to justify purchasing those ebooks considering the cost and that you are the only person who has expressed interest and will likely be the only person to check them out. To me, that is fair enough since my interests are rather specialized.
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