Yes, folks: I read about this. My first impressions: a) I’m awfully suspicious that it means nothing good for writers who want to get paid for their work using the current compensation model, b) If Amazon actually wants this to work they are going to have to become strikingly transparent in their processes, which they hate, or be slammed with class-actions suits from writers from day one, c) if I were a lawyer I would already be salivating at the class-actions suits to be filed the very first time it becomes clear that Amazon is reselling eBooks that are not, in fact, the sole versions of that specific, originally sold copy (i.e., buyer takes eBook file, copies it, takes original file and resells it to Amazon), d) if I were a publisher I really wouldn’t have any doubt Amazon wants me dead. These are only first impressions; further impressions may be more subtle.
Go ahead and discuss this in the comments. Do me a favor, please, and actually discuss this topic, rather than, as so often happens in any discussion of digital rights or publishing, pulling out your cue cards of standard talking points about ebooks and/or the field of publishing, either pro or con. Your cue card talking points are boring, and I might just Mallet you out of the boredom you will induce in me.