The current experience of using a Kobo Libre Color, Koreader, any webdav mounted in koreader and pirating everything on annas archive et. al. cannot be beat by any commercial offering. Unsuprisingly my copy of 1984 has never been deleted from my NAS
But I don't read books I haven't legally acquired, whether through a paid bookstore, or temporarily borrowed via Libby, or Standard Ebooks or whatever. I won't yell at other people for doing that, but I don't do it myself. In a nutshell, I follow the same rules as with physical books I own (or temporarily possess).
While I understand people pirating movies - there are hundreds of movies I'd happily pay to watch, but which are literally unavailable to me because of some arbitrary 'regional' restriction imposed by the distributors. But I can't think of a single book that isn't available in most parts of the world - certainly they're available wherever a Kobo is for sale.
So how are new books going to be published in the future, if people like you don't pay writers for their work? Would you like your work to be pirated, so you wouldn't be able to even buy another Kobo?
It's not immoral in any way to make a living off of your own creations, but - artists gonna art.
Imagine being so good at writing, that people out there are trying to get a copy of it that they can upload to The Pirate Bay. Hell yeh, I'd love that... seems like reaching the big leagues.