Open Library Project

"The Open Library was created by the Internet Archive to demonstrate a way that books can be represented online. The vision is to create free web access to important book collections from around the world." There is a demo site as well that keeps you abreast of new developments.

An article in The Chronicle of Higher Education with related comments is quite interesting -- actually one individual noted in the comments that the comments are more interesting than the article! Included in the comments section: stuff about libraries and OCLC.