I'm about to be in your position.
I currently buy a lot of books, and it's got to stop because, quite frankly, I don't have the space any more. Being someone who likes big fantasy sagas, 3000 pages on a single story soon adds up to a lot of shelf space.
The only thing really holding me back is having to repurchase all my favourites as ebooks. I really want to go the whole hog and only have 2 series as paper copies; Wheel of Time and Discworld. But that means either spending a frakkin' enormous amount of money or P2P'ing a lot. And some of them aren't available (I've looked) for purchase.
The Publishing Industry really, really, needs to sort themselves out to deal with the new age of digital consumerism, just as the Music & Film Biz did 10 years ago. If they sort it out right the first time, they can save themselves a lot of pain.
I fully support paying authors for their work. I read a lot and I am friends with a couple of pro writers. But when ebooks are more expensive than print, then something is clearly wrong.
Example: http://www.amazon.co.uk/Red-Mist-Scarpetta-Mystery-ebook/dp/B005LN0DBW/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1322042777&sr=1-1
I know that it includes VAT; that's something that needs to be addressed separately. But even then, the ebook is only £1 cheaper than the hardback. Given that good chunk of the costs are involved with the production and distribution, there are clearly saving to be made.
The Publishers set the pricing, and they need to have a really hard think about how they want this market to mature. At the moment, they are just perpetuating the status quo; giving the distributors the leverage to sell the books. Publishers, and authors, should be punting the books themselves and allowing grass-roots to bring authors to prominence, rather than trying to pay for internet publicity. Interesting small piece on it from 10 years ago: http://www.baen.com/FAQS.asp#Lois%20McMaster%20Bujold%20on%20Book%20Distribution%202000