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4/ I would be charged on a per quantity basis ($0.X per 100 words?).
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mogui does this mean that you want a system that makes me pay for the same "book" every time I read it. I have a number of "comfort" books that I have read multiple/dozens of times. Do you want me to pay for reading the same "beat up, dog eared paperback" (or the electronic version) everytime I want to revisit a story?
No way buddy! If I need to replace it, then I will buy it again but "read twice pay twice" not ever.