One of the oldest customs of book lovers and libraries -- lending out favorite titles to friends and patrons -- is finally getting recognized in the electronic age, at least in one electronic book reader: Amazon has announced that it plans to allow users of its Kindle book reader to "lend" electronic books to other Kindle users, based on the publisher's discretion.

With this new feature, to be added to Kindle readers and software, "you loan your Kindle books to other Kindle device or Kindle app users," stated a blog item posted on Friday, attributed to the "Amazon Kindle team."

While in theory making a copy of an electronic book can be easily done, such ease of sharing could quickly devastate the revenues of the book publishing industry. So thus far, the publishing industry, and content media providers in general, have used DRM (digital rights management) to limit the copying of material, with varying degrees of success.

More: http://www.pcworld.com/article/208616/