This is of course merely a hypothetical question.
I know the kindle does not allow for lending or sharing of books between kindles, which IMO is one of the drawbacks to ebooks (at least amazon ebooks) right now. With paper books it's so easy to just lend and borrow books from friends.
If one were to strip the DRM off of an amazon format book, and convert it into .mobi, would it then be "lendable", i.e. shareable between kindles? I realize this has legal implications (and possibly ethical implications as well), which is not part of my question... just wondering if this is even possible
