Found this blog post, BN E-Reader Nook is bad for authors, by Michelle Richmond.
She reads one little blurb about BN's ebook reader the Nook allowing users to share their ebook and she wrote this:
"Which means that authors, like musicians, will have no way to protect their intellectual property from being distributed ad infinitum, without compensation."
The problem with her statement is that the Nook allows you to share a book ONE time for 14 days with someone else that has a Nook reader or uses the BN Reader software.
I can loan a paper book unlimited times or at least until it wears out. The ability to loan a book one time to someone else is hardly going to destroy the book world.
If Ms. Richmond would have just done the smallest bit of reading she would have found out that her remarks were wrong.