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I like the idea of a set of elementary school textbooks nationwide, but who gets to decide on their content? Right now, its the largest states (California, Texas, Florida, New York) that determine nearly all the content for the rest of the nation by virtue of their student population and buying power.
And you'll have to buy them again every couple of times a decade. Mostly because elementary school covers more than just the "three 'r's". I distinctly remember learning history (state and country), as well as government, science, and current events in addition to readin, ritin, and rithmatic.
Just make sure the friends you share it with don't upload it to a public place.
360 was pretty dumb as well, it puts you in the same place you started.
Yeah, its a terrible name. But what else would they have named it? Xbox 2? That would be really bad, because the general public would see the choice between "Xbox 2 or Playstation 3". They'd read it as, "3 > 2, why should I buy the system with the lower number, its obviously worse," and buy PS3 instead.