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I totally agree with this. I had all my books (10) in Select since January 2012, because then I made a huge amount of money from free promos and subsequent sales and borrows.

In the latter part of 2012, sales and borrows dipped. I also saw that generally, people were more and more inclined to read on iPads and other similar devices, rather then designated e-readers, wanting an all in one approach.

So I have put nearly all my books back into Smashwords now, except for my German translation that is in Select because it did so well in the free promo in Germany, continues to sell in great numbers and gets a lot fo borrows. But I think that market is at the stage the others were two years or so ago.
 
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