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I don't think competition is a good thing just yet.
We need Amazon running ramshod over the publishers for a few more years, entrenching ebook technology and the prices thereof. We need the publishers to have to be more or less forced to deal with this new technological and not marrily go on on as they please.
E-books have no business being as high as a real book, even without DRM.
So this actually worries me a bit. I'd much rather see what happened with iTunes. One store sets a price point, dominates the market, forces the music companies to deal, once everyone is used to the new price point the music companies are forced to work with other companies (Amazon and eMusic, for instance) who set even lower prices and remove the DRM - end result: no DRM on music in the major stores anymore and decent prices!
So Google stepping into the ring might be bad. It depends on how they go. If they only support ePub it'll be a problem, so here's hoping.
Publishers won't adapt like they need to unless they HAVE to. They need the screws put to them.
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