Have you seen Lookybook yet? It's an online collection of picture books that you can "flip through" on your monitor. You just click to turn the page. Here's a digital rendering of The Blizzard by Betty Ren Wright.
The reader/reviewer in me loves it: What a resource. Books at my fingertips. And such easy access. It's pretty cool.
The author in me is less enthusiastic. It gives me that slippery-slope-of-decreasing-authors'-rights feeling. And, for young kids, I hate the thought of their reading experience shifting to the computer screen.
I'll have to mull it over a bit more to form a solid opinion.