Bob Ninja saying, Reader advantages kind of melt away.
I'm not sure price is the advantage that is most important.
Being able to carry a library in my purse is why I bought the Reader --- it's in San Diego getting fixed now, which isn't good, but that's part of being an Early Adopter, I guess.
Another is getting books not readily available --- I've been following some older detective stories and just printed out an Encarta entry my husband sent me with a lot of titles and authors from the last two centuries. I can get these on public domain sites or CDs for the Reader, but probably not so easily, nor cheaply, in printed book form.
Also, I have hopes for the future: you know that dream of publishers printing to order? You order a book, they print it and mail it? Well, that never made much sense as technology is today ---------------- but they sure could send books electronically! So these arcane philosophy of Time texts I'm suddenly interested in -- I could get them for less than the $60 they are gouging students now, for the small print runs they do for philosophy majors.
I envision all books being available digitally, more cheaply, including rare ones. I think we have to wait a few years before this technology realizes its potential.
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