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I like LRF, almost everything on my Reader is LRF. I will convert books I have not read yet even if I know that I will never pass them along to others (such as the ones I bought from Steve Jordan's web site.) Why? Because I enjoy a well formed book and the Reader provides a better experience for me with an LRF book than it does with an RTF book. With LRF and BookDesigner I get the title in the top right corner, the chapter title in the bottom right corner, and each chapter is started on its own page. These things make the reading easier for me.
For archive purposes I try to stay with RTF. Otherwise HTML or TXT. I had a large collection of PDB from the Samsung Palm based cell phone and they were easy enough to convert as I still had most of the originals. (Then again how many people want to read an ISO standards manual on their phone?)
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