Paper books are the best. The feel of the paper, the smell of the ink, the weight of the book.
E-books are the best. My e-reader is so convenient, I can take so many book with me in one fine small device and they are ever present.
Yes, the fight is on, since a long time. Reports from Amazon.com show that the number of books sold in e-format outnumbers that of hardcovers and paperbacks combined. Reports here in the Netherlands show a dramatic increase in the sale of e-books and e-readers. E-books are seriously on the rise.
Will paper books disappear? I don’t know. I think it will take a long time before they do, if ever. More and more people will switch to e-books, the more as tablet-devices are becoming more mainstream. Most of them come pre-loaded with an e-book reader program, which makes the step to e-books easier. But there will always be people who favour paper and print. The whole shouting contest on what is the best is a total waste of breath and energy. Use what you prefer and enjoy it. Do not try to convert someone to change their favourite medium. Converting is useless. It is, for me, even an offense. Respect that someone can have a different opinion (and that is not just because of their reading preference). No need to agree with it.
I am an e-book reading kind of person, but I am not going to slap someone on the head with my e-reader. If they return the favour with their favourite 800 page hardcover, they will win that battle, even though there is not a war. After all, it is the joy of reading that counts. Not the medium you use for it.
And who knows. Modern technology goes fast. Maybe soon there will be e-readers that can emit the smell of ink for people who like that…