If AMD ends up being bought out, the purchase by Dell, or any other company for that matter, would be among the biggest the technology industry has seen. It would be of course bigger than when AMD bought ATI in 2006.
I've read, quite literally, thousands of books on my computer. Being able to reformat them as I like, and always having a copy to go back to is much better to me than using the library. Unfortunately, not all the books I want to read are available online. In some cases, they are available at the library, and I always end up thinking how much more convenient it would be to have it on my computer.
As far as smells and tactile nostalgia, I find more and more that it is the same difference between reading a newspaper and reading your news online.
The only remaining downside, as I see it, is that some authors write specifically for paper format, so digital copies lose some of the flow or nuances that would be had with paper.
We cannot command nature except by obeying her. -- Sir Francis Bacon