Torrents of free legal books are available at project gutenburg.
http://www.gutenberg.org/wiki/Gutenb...nd_DVD_Project
and
http://baencd.thefifthimperium.com/
I see the value of having a bulk download. I won't even try to read them all however I can make a copy for friends and it saves them the time of hunting down the books online. It is also nice to say I like authors X,Y, and Z this CD has some of their works for free. In this exchange of data I have had friends read authors who I wouldn't normally have given a try. Then I read those authors on their recommendations.
Personally I don't understand the mental stroking of ones ego by saying I have read 300 books, or I have a copy of 2,000 different novels. I just enjoy reading.