Wired has a good blog post up about ebooks and how DRM has stymied adoption, "The why of that has many faces, but DRM plays its part. Taking a historically commonplace form of expression, freely portable in its traditional format, and turning it into an ephemeral, hardware-specific, proprietary service?"
Makes me want to rush out and buy one-- NOT! The publishing companies, and the hardware manufacturers will, sooner or later, get hip to the need to settle on standards and drop DRM. There aren't enough trees in China to print all the books they need for kids in school. Sounds like a market ripe for ebooks!