Briton Starts Up On-Line Sharing Library

Peter Baillie, the founder of an online book-sharing library told BBC News that the interest in his scheme has been “beyond his wildest dreams”. The ‘My Book Your Book’ website does not go live until Monday evening, but has already received 750 applications. All of its “founder members” will be able to access thousands of paperback novels – provided they donate 10 books each to the co-operative scheme.

Anyone familiar with any such co-op book-swapping concepts here in the States?