I decided to give up on ebooks. The Kindle was ok, but I want to own my books. I also don't want my books tethered to a device that I will replace, or have to deal with incompatibility issues and future transfers. ebooks are over-priced as well; the reduction in costs does not reflect the removal of printing and a physical distribution network. I also don't want my reading list sold, and probably stored by the NSA.
Funnily enough I'm just getting into ebooks, partially because they're cheaper than their paper counterparts. I know there's some intentional inflation of the price, like when Back Story only went down to a reasonable ~$9 after being $20 because only the hardcover was out. I like having a ton of books on one small device instead of lugging around, say, the Hitchhiker's Guide to the Galaxy - which I have in paperback. Though now I wonder if it'd be cheaper to get these things on ebay.