the agency model for e-books is where the industry NEEDS to go. it makes the most sense. amazon's old model was absolutely screwing publishers.
seriously, who care if a book seems too expensive? are they holding a gun to your head, forcing you to buy books that you deem as too expensive? do realize that most of you paid several hundred dollars for a device that allows you to buy and read books.

lets not cut off any ears to spite our faces here...
but the agency model is probably the future of the industry. if we value books and authors, then we should embrace this type of model. if a book is too expensive, guess what's going to happen?? they won't sell, and the publisher will lower the cost! why is that so hard to understand?
most of these publishers are very large companies and they probably have some very nerdy folks working for them that simply try and figure out the best price to sell something to maximize sales and profit. it sounds like many of you are saying that they'll raise the costs just because they can and just to spite you. why on earth would they want to do that?
if the ebook is the same price as the physical book, personally i'd rather have the ebook, because that's why i bought an ebook reader in the first place... to read books on it!