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Overall DRM just annoys your readers.
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Sure they're annoyed, The ones who want to copy your books are, anyway. Who cares? I don't care. Would you want someone stealing your creation that you've worked long and hard over? You have worked 12 hours day for months, and this is like your baby. you make it into an ebook hoping to recoup some of your time and effort. Suddenly its all over the internet and there are illegal copies everywhere! Somehow I think authors like J.K. Rowing would agree with me.
Owning an ebook reader that can hold thousands of ebooks doesn't mean you use bittorrent to download files containing thousands of ebooks like those people who download the songs do. I've got no sympathy for them when they get caught!