jsalvatier comments on Knowledge is Worth Paying For - Less Wrong
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Rarely true for secondhand older books, usually true for newer books or relatively rare older works (which unfortunately includes many academic books). I can often pick up secondhand books for literally pennies; I'm a newcomer to e-reading but not convinced yet that it's going to bring savings overall.
ETA: in case that's not clear, I think this post is missing a huge tip for efficient acquisition of words: secondhand physical books. It's worth saying because some people - I used to be in that number - have a hangup about buying used books. I've totally changed my mind on that, largely thanks to Amazon Marketplace. Riffling through stacks in a used book store holds no appeal for me, but looking up some title that looks interesting and seeing a copy on Marketplace for a euro or less, and buying it without even a second thought? Pure bliss.
Book price search engines help you find the very lowest price among online used book stores. They scrape Amazon, half.com, albiris, etc. and show you what the prices are in one place. There are a bunch of these, but I generally use booksprice.com.