Quite obviously a version ONE

I cant imagine any publisher using this version of the program to write their textbooks.

Very rudimentary formatting available for objects. Shapes do not have separate body and stroke. Text can be added to, but not edited. There is not even an "Import" choice on the menu. See other reviews for more limitations.

This iteration is not even close to Apples own Pages for functionality, not to mention MS Word; its not even on the same planet with InDesign for functionality.

For myself, Ill wait at least until version 1.1 before spending any serious time with the application.

Aljmc about iBooks Author, v1.0