This looks like a cheaper way to get most ebooks and you can ship the books direct from Amazon. If enough people did this, maybe ebook pricing will come down to something rational.
Why don't you think it's rational? Note that the cost to print and distribute a printed book is only about $2 of its cost. Or don't you think authors, editors, etc. should be able to earn money?
Obviously, they didn't re-rip music they'd already ripped so technically for popular music, you got 'someone else's' mp3s.
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My multi function laser printer has a duplex scanner on it. It can scan pages at quite a rate. The problem is not the scanning, but the accurate OCRing, and for things like magazines, the storage of all those high resolution pages. Right now, I cut out the articles I want to keep from my monthly mags, and just scan those. It seems like a fair compromise right now.
Disclaimer: This is my personal opinion; not legal advice.