This is finally something to end the fleecing of students at the college bookstore, where one textbook could cost $200. Then the students buy it in droves, and nine months later it's replaced by a new version and the resale value drops to near worthless. What's really nice is when the instructor makes the effort to transfer the information from his own choice of reference book to a format that's summarized and available to students, and lets the students choose whichever books they want. No more 30 pound bookbags, and trips to the locker to switch textbooks after lunch! No more going back to your old school ten years later and finding that your name is still listed in the front of some textbooks that are still in use today. This textbook is assigned to... yikes!
I totally agree. While there were some publishers at the launch, I can only think of a handful of local print shops and professors having a conniption that their kickbacks just disappeared. While I'm sure some of there higher end text books that sell for the hundreds of dollars will try to get a similar price on the iBook store, that price will too fall. Not to mention jail-broken iPads and the inevitable pirate web sites distributing cracked eBooks.