Most e-book readers would agree that they'd rather have copies of their e-books on their own devices. The reason is that many previous e-book vendors have abruptly and unexpectedly closed before, and if this happened here, any e-books you purchased would be gone... you could no longer access material you paid for, because it was on their now-defunct servers. In fact, other vendors have tried exactly this model, then gone under, leaving many angry customers behind.
So, if you use this vendor, you have to keep in mind that if they get in financial trouble, you could lose everything without warning.
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