srw
It's a bit more complicated than that...
Only if it's not a very big house. And that's one book per day for 10 years - more books than all but the most avid readers will read in a lifetime. (It's about what we've got at home...)Ha! I've never read in the bath. Come to that, I haven't had a bath for ten years - showers are quicker and far more economical. My point was that Amazon claim 3500 book capacity for a Kindle i.e. considerably more than you could fit in your average house.
TMN is right. Publishers know what they're doing. The idea that crowd-sourcing and crowd-rating will replace expertise in the world of books is insane. It's becoming clearer and clearer that it won't even happen in the world of short-form journalism - you need an editor to decide what's worth publishing, to make it readable, and to promote it. That means newspapers, or something online looking very much like a newspaper. If you need that for something that'll take 5 minutes to read so definitely need it for something you hope the public will invest 5 hours in.
What the internet will do is support the production of modestly popular unchallenging genre fiction which is written as much for the pleasure of the author as for the reader. That, unfortunately (I think the genres are almost dead) means more second world war adventure novels, more children's books about wizards and more soft porn - all written in the 19th century conception of what a novel is. What we should be doing is building on the work of those who reinvented the novel for the 20th century. But that requires work for the reader as well as the author.