Two additional factors I'd like to throw in for support of torrents, is that in all of the client software I have used to download you can select and de-select as you see fit.
As for waste of bandwidth I pay for my bandwidth and choose to use it to the fullest amount I can. Torrents alleviate bandwidth cost from the host and instead distribute the bandwidth through those downloading and seeding. I cut my bandwidth in half when I was running servers by requesting people use torrents over zips.
I would love to see a genre based torrents at mobile read, but I'm not upset that they aren't available. I appreciate all the efforts made for the mobile read free books.
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Also many people here assume a sharing or open source culture
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I too support open source and sharing. I use opensource and have contributed thousands of lines of code to various projects, and have written many pieces of software and released it as GPL. I have spent many hours supporting projects I love. Share, discuss, and improve. Those three things make for better communities. That seems to be the spirit at mobileread also.