It depends. Mostly I read for content and prefer e-books because they weigh nothing and take so space so I can take them almost anywhere with me.
On the other hand I have books (Winnie The Pooh, Mother Goose) that date back to my childhood, where the physical codex itself is a treasured object for sentimental reasons. If the house burned down I'd get e-book versions, but it just wouldn't be the same. And I have some books that were gifts from friends, or where the author autographed it for me, that are also treasured objects in addition to containers of interesting content.
and for some books, the e-book medium just doesn't work in its current implementation. Some have pictures that need color for clarity or are too big to display well on my K2 screen, for example. I had one book on woodworking that I returned and got in paper because the e-book just wasn't working for me. I think this is something that further development in formats and e-book readers can fix, though.
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