
But there are immense pressures building to shift books into digital formats. And as you might guess, huge international media and consumer electronics conglomerates aren't doing this for your convenience. They're pushing for electronic books to replace print because digital licenses give them more control.
The Copyright Act of 1976 gives book owners rights--fair use and the first sale rule--which limit the restrictions copyright holders can place on the use of copyrighted material. Fair use means that limited portions of a copyrighted work can be reproduced and re-used without permission for purposes such as education, commentary and parody; the first sale rule means that once you own a legitimately obtained copy of a copyrighted work you can generally give it away or sell it to someone else.
But in the digital realm, licenses, electronic protection measures, and proprietary software allow publishers to prevent fair use or transfer. Now, you can't copy even a small portion of your e-book; once you're done with it, you can't resell it or even give it away. And even your right to keep a copy of a work you've paid for can be revoked at any time by the seller.

Stone quotes Kindle owner Bruce Schneier, chief security technology officer for British Telecom: “It illustrates how few rights you have when you buy an e-book from Amazon...I can’t lend people books and I can’t sell books that I’ve already read, and now it turns out that I can’t even count on still having my books tomorrow.”
It wasn't just the texts that were deleted. Kindle allows readers to make their own notes, highlighting and annotations to electronic texts, and those were disappeared along with the e-books themselves. Stone writes of high-school student Justin Gawronski, who had a summer assignment to read 1984 and woke up to find that all of the annotations he'd made to his Kindle version of the book were gone. Gawronski said, "They didn’t just take a book back, they stole my work." Two months later, as reported by Miguel Helft in the New York Times, Amazon offered to replace readers' copies of the deleted Orwell works, including their annotations--an offer that probably comes a bit late for Justin Gawronski.
And as Harvard professor Jonathan Zittrain points out in Heft's article, Amazon's ability to remotely delete Kindle content raises the specter of texts you've purchased being permanently deleted or altered in the future in response to lawsuits or government action. Only with Kindle editions, there's no need for anything so crude as an incinerator--a few keystrokes will suffice.

Speaking of monopolies... Presumably, better-designed e-book readers will solve many of the Kindle's issues. And books and other texts that are created specifically for e-book readers, rather than converted from print versions, will offer photographs, tables, charts, and other illustrations that are clearer and more legible. But for the foreseeable future the vast majority of electronic texts will remain digitized print versions.

"The out-of-print books Google has digitized come from nonprofit institutions that built their collections as a public good....These public treasures will now be monetized for the benefit of a private corporation. True, Google will give every public and university library one terminal where readers can access its entire collection. But these machines won’t be able to download or print texts--and you can imagine the lines. Libraries that want full access to all the books in Google will have to pay for the privilege, and for every download."
Finding the book you want isn't so easy, though. As UC Berkeley's Geoffrey Nunberg details in a recent article in the Chronicle of Higher Education, Google Books' metadata is a mess. Nunberg found that titles were garbled ("Moby-Dick: or the White Wall"), authors mismatched to books ("Madame Bovary By Henry James"), publications misdated (Robert Shelton's No Direction Home: The Life And Music Of Bob Dylan was dated 1899), subject headings misassigned (Jill Watt's biography Mae West: An Icon In Black And White was in the Religion category--although she might indeed be a holy figure to some), and text links misdirected (the link for the 1818 tract Theorie de l'Univers took Nunberg instead to Barbara Taylor Bradford's 1983 novel Voice of the Heart). A 1995 book about the web browser Mosaic was given the publication date of 1939 and attributed to Sigmund Freud.
These examples point to two main problems with the way Google creates metadata. The first is that instead of paying for the thorough, detailed, and accurate metadata painstakingly created by librarians for their collections, Google is clearly relying on automatic assignment of metadata via computer scanning. Nunberg finds that an 1890 guidebook, London of To-Day, was given the publication date of 1774 (a very different "to-day" than 1890) because the first pages contained an ad for a clothing manufacturer founded in 1774. The medieval studies journal Speculum was assigned to the subject category Health and Fitness, because the computer didn't understand the difference between the Latin word for mirror and the medical instrument. These are the sorts of errors that arise from trying to automate a process that requires human judgment.
The second problem is that instead of using library classification systems, such as call numbers and the Library of Congress Subject Headings, Google has chosen to use the Book Industry Standards and Communications (BISAC) system. The BISAC system was designed for bookstores containing thousands or perhaps tens of thousands of titles, not for research collections of millions of volumes. BISAC's idiosyncrasies get magnified by the sheer size of the Google Books collection. Call numbers permit distinctions between and groupings of similar works; for example, when you find a book in an online library catalog, most allow you to browse a virtual "shelf" to examine all the books that are classified in nearby call number ranges. But the BISAC categories are too crude to be a useful browsing tool when the collection consists of millions of volumes.
In the absence of usable metadata, the only efficient way to access Google Books is through text searching. That doesn't work very well if you are looking for a specific edition of a work (since the text will be identical in each), or are trying to investigate the literature of a particular period. Nunberg doesn't say so, but it's clear that Google needs to hire some librarians to sort out its metadata.

"In place of the stacks, they are spending $42,000 on three large flat-screen TVs that will project data from the Internet and $20,000 on special laptop-friendly study carrels. Where the reference desk was, they are building a $50,000 coffee shop that will include a $12,000 cappuccino machine.
"And to replace those old pulpy devices that have transmitted information since Johannes Gutenberg invented the printing press in the 1400s, they have spent $10,000 to buy 18 electronic readers made by Amazon.com and Sony. Administrators plan to distribute the readers, which they’re stocking with digital material, to students looking to spend more time with literature.
"Those who don’t have access to the electronic readers will be expected to do their research and peruse many assigned texts on their computers."
Perhaps this isn't an issue for students whose families are rich enough to send them to Cushing (which costs nearly $43,000 a year for boarding students), but 18 e-book readers seem laughably inadequate as a replacement for an entire library. Students doing research and perusing assigned texts will evidently have to purchase their own copies to do so. (Clicking on the catalog link on Cushing's Fisher-Watkins Library page led only to an error message the night I tried it.)
Of course, many textbook publishers are moving into e-book formats because digital protection measures prevent students from sharing or selling their used textbooks. Now every student must buy their books new and only new, which means greater profits for publishers. (Image by Mark Wilson for the Boston Globe.)
The good old days. Which is what book publishing has been about for centuries. As Richard Nash writes in his review of Ted Striphas' The Late Age of Print (Columbia University Press, 2009), e-books are just the latest strategy in publishers' long-term struggle to control consumers by "inducing demand" and "creating artificial scarcity." Restrictive digital licenses are "the apotheosis of the publishing industry’s capacity to restrict a reader’s ability to do what they want with their books." In other words, we shouldn't mourn a genteel, non-commercial literary culture that is largely illusory. But if we want to retain fair use and first sale rights, we must organize.
Update 24 September 2009: The New York Times' Miguel Helft is reporting that the settlement between Google, the Authors Guild and the Association of American Publishers is being renegotiated. The settlement in the copyright infringement case brought by the authors' and publishers' groups against Google was reached last year, but is now being revised to address privacy and antitrust issues raised by many concerned individuals and groups, including a coalition of authors and publishers represented by the American Civil Liberties Union, UC Berkeley's Samuelson Clinic, and the Electronic Frontier Foundation.