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Txt files are not very good for book which contain bold or Italic or both. quite a lot of authors are using bold and italics to stress points in their story, this is lost in a txt file.
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Definitely. The better solution would be rtf or html. txt files simple can be read on about anything with a screen.
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Too many of you seem to take a ridiculous black and white worldview where things simply can't coexist with each other and work well in their own niches for which they're best suited.
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For pure text eBooks like most novels epub is the better choice, as is pdf for any graphic-oriented layout like magazines, modern textbooks, comic books. So, yes, there is indeed a market for both of them and more than a big niche.
But the current screens of mobile reading devices (and I'm not talking about laptops or netbooks) technically favor the utilization of epub files.
I'm waiting für the
Crunchpad as a second device. Novels on my 5" epub reader, magazines on sometheing like the Cruncpad. For me an ideal combination.