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What I would love to see is some form of legal cross-conversion. I'd happily pay $1.00-$2.00 to be able to take a book I legally bought from eReader and convert it to Sony. If the format is still nominally secure, I can't see the "risk" to the content owner.
How this could be achieved I'm not sure of. The company doing the converting would have to have access to the encoding/decoding algorithms of both companies involved. And then there would have to be a fast and economical way of translating the format of both the text and the file in a relatively flawless way. Something tells me that the cost of negotiating the rights to that, even if possible, would probably outweigh any valid price point. And then you'd have to have a secure method to receive a) the file, b) the decryption key, and c) the encryption key for the new file.
And the environment of what's still secure would be fluid. I can't see Sony or Mobipocket or whomever agreeing to allow conversion to LIT or any other format that's been cracked.
Perhaps it is just a pipe dream, but I'd love to see it happen.
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