This document summarizes the mixed experience of ebooks at the University of Cambridge based on one institution's experience. It notes that the university has access to over 1.5 million ebooks across 41 different platforms, but that ebooks still have limitations and inconsistencies compared to print books. While ebooks can be useful for distance learning and portability, they lack features like notes, bookmarks and integrated links that are common in print. The proliferation of ebook platforms, formats, purchase models and lack of standardization creates challenges for libraries and users. The document suggests that future improvements may come through enhanced ebook functionality and new purchasing models, but current technology has not fully replaced print books.