I came across this short post on Lawrence Lessig’s Blog about converting your text into notes that can be viewed on an iPod. Lawrence has done so with his book Free Culture.
The iPod eBook Creator works by splitting your text into notes that will be automatically linked for seamless flow for movement from one to another. You can see more about it here: iPod eBook Creator
I’m thinking they should rename it to ePod Creator, which is probbaly in use somewhere else already.