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First, I'm a fanboy (although my enthusiasm for Cupertino has taken several hits lately). That said, even I have a problem with this EULA. Not that there was much danger of my publishing in the iBookstore anyway, I would not likely sell anything I wrote there. I use iBooks mostly for PDFs because I don't like the app, Apple's attitude about it, or the iBookstore in general. This EULA has become typical of Apple; they want you to use there products, but they also want to tell what how you can use that same product. Consumer lockin feels a bit too much like the old company stores.
3 years ago on Apple's iBooks Author EULA: What's the Big Deal?