Before you go hunting for your library card, there are a few factors to consider. While there are positives to borrowing eBooks from a library, the process has significant limitations that can be frustrating.
New Way to Check Out eBooks gives a fair assessment of all of the issues surrounding, and actually using the OverDrive Media Console. The only plus she mentions? Library eBooks are free. But related to that, the author writes:
The idea of waiting for a book with many people lined up to borrow it is enough to inspire even some of the most frugal readers to cough up the dough to buy digital books.