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We're finally taking baby steps towards ebook lending - I think so far there's about a handful of titles available, and it's also read-in-browser only, requiring a constant Internet connection.
I can't really see ebook lending take off like that. Certainly, people do read books on computers; some are even comfortable with it (in some cases, like for non-fiction / textbooks / reference books, it's even preferable to e-readers), but I doubt many would want to do that with the average fiction book borrowed from the library.
To me, the whole thing (considering both the lack of books and the method of lending) comes off a lot more like "okay, everyone else does library ebook lending, we need to tick that item off the list, too, but let's make it as useless and uncomfortable as possible".
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