Great post. I was drawn-in in a similar fashion. Much of it had to do with O'Reilly's selection of ebooks and the ability to convert my pbooks (paper-versions) into ebooks for a nominal fee.

I made the switch to an all eBook library - now numbering dozens of books - a couple months ago. I am so glad I did it...glad you did too!

My only one concern...

O'Reilly's Safari Books Online

it doesn't feel as handy and eyes-friendly like an ebook

Why not use a "netflix" like system, "streaming" ebook files... so you can read them as ebooks plus protecting copyrights...

I don't want to have terabytes of ebooks, I just want to have the eLibrary on my device, I don't care ownership, and I'm willing to pay more for this option.

I hope O'Reilly's guys are working on something like that, and not just relying on HTML displayed on "beta" mediocre ereader's web browsers.

I agree with your thoughts.  I am a Kindle owner and I use it for both work related books and personal books.  It's great to carry one device, that stays charged three weeks, and have all of that information.

Michael