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One factor not often mentioned is plain old human stodginess. We tend to like what we are used to unless there is an overwhelming reason to change. With e books, for the most part, the reasons to change have not been overwhelming. Having said that, there are some areas, such as travel and heavy texts, where the reason to change can be overwhelming. Once a new generation becomes used to e books for those uses, the stodgy factor will diminish and e books will likely succeed. The bad news: this may take 20 years.
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