Mandatory eTextbooks

Further to our talks about the transmission of knowledge through online and/or digital channels: http://chronicle.com/article/The-End-of-the-Textbook-as-We/125044/

The scary part for students is the lack of choice this model offers--you pay the university a flat rate that covers all your eTextbooks. More "democratic" because the costs of education are (supposedly) substantially less, or less democratic because students have no choice?