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I didn't mind the Kindle DRM once I could be sure that I could remove it ;-).
I got burned on the last Amazon Ebook format - I am still locked out of a library of PDFs that I bought, which Amazon and Adobe abandoned support for. After having been burned by that and being out cash for the books (some which I had to repurchase) I decided that I would never buy a DRM book unless I could remove the DRM. I'm not a pirate, I just want the same ownership privileges for my ebooks that I have with my dead tree versions.
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