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I don't think that anyone thinks that DRM is a good thing for the ebook buyer. The fact of the matter remains that most ebook publishers only sell content through DRM systems. If you play by the rules set by the publishers and by current law mobipocket is the DRM format with the widest compatibility. Even though .lit DRM is cracked wide open I think there is still some benefit in supporting a format that at least tries to have compatibility with a wide variety of devices.
Of course if mobipocket goes under permanently I will probably start working on a method to OCR screen captures so I can continue to read the books that I have purchased.
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