That is not DRM. That is shoddy craftsmanship, poor quality, etc. But it is not DRM. DRM specifically limits your rights - Digital Rights Management - with regard to the content.
Plus by definition if you create software which supports new features you have lock-in.
Not necessarily, if it is an open standard - and if it is an open ePub 3 standard, then that is great. However, if it is DRM inhibited, then it is enforced lock-in. However, interoperability is key, so it needs to be both an open platform, and DRM-free. And it would be disingenuous to argue that the book format is an open standard, if it has non-open DRM locking it down. The DRM becomes part of the book, and cannot be separated from the standard, at that point.
I am not arguing that the college textbook industry does not need reform, or is not prohibitively expensive. It does, and it is. I am arguing against DRM in textbooks, and device lock-in.