Does the Kindle format allow one to print the book on paper in the home printer? ...
No it doesnt. But, as a voracious reader I can tell you that the Kindle is wonderful. My purchases of books has remained about the same, and I still buy some real books. But, the virtual aspect of the books, the ability to download on the spur of the moment, and the ability to take my entire library with me on the road is just amazing. The ability to increase or decrease the type face is easily the best part of the kindle. I got the big one, and I love it.
I have Kindle for PC (free download) and noted that it doesn’t have a command for print.