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Google launches eBook store and apps

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Well according to my micro economics course I took a dozen or so years ago, more competition will mean for lower prices. Good for us consumers!

There was a piece on NPR this morning about this announcement and they said that in 2015 they expect 80% of all books "consumed" in America will be in electronic format.
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I have about 650+ ebooks in epub format already. I generally use iBooks to read them, but sometimes Stanza as well. I understand Google wants everything to be in the cloud but there's no way I'm going to switch to their service without being able to migrate my current collection over.
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