If Taiwan starts producing a low-cost, high-quality e-reader, that alone could launch the eBook industry. Preferably one with a rapid digital ink display (easier on the eyes). The $250 - $350 units currently available are keeping most people from trying eBooks.

Video tape wasn't much until low-cost equipment entered the scene, then it skyrocketed. Same for DVD which has almost completely replaced VCR's.

eBooks won't replace paper, but it will dent that market severely. Mass market paperbacks have gotten too expensive (I remember when they only cost two-bits). High-quality eBooks can be published and sold for less than $5 for something equivalent to a hefty paperback that might sell for $17 at Barnes and Nobel.

No, it's not a dream. We do just that at AKW Books www.akwbooks.com. So do others.