The New York Times technology columnist David Pogue had this to say:
"So the bottom line is all bad news. People who bought e-books from Barnes & Noble may wind up with libraries they can’t read. Amazon no longer has a competitor to keep it on its toes (and its prices low). The future of Barnes & Noble’s e-book business now looks murky, which means that even more customers will stay away, creating a vicious cycle of declining sales.
In the end, it may be that all we can salvage from this smoking mess is a lesson or two — although what they might be escapes me at the moment." Hear, hear.