Kindle Case > Information Source
Hack let you convert encrypted Mobipocket files that were intended for another reader so that that work on Kindle.
Plenty of free e-books in Mobipocket format show up fine on Kindle.
Think about waiting somewhere in the middle of the day, or perhaps in an airport while you're traveling, and having immediate access to 100,000 books and hundreds of newspapers and periodicals from this pad in your hand.
We've known for some time already that Amazon's AZW files are actually Mobi files, but Amazon didn't share Kindle's Mobi PID which would allow one to buy encrypted Mobi books for Kindle.
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