Oyster brings all-you-can-read book subscriptions to Android

Dubbed the Netflix for books, Oyster is finally launching on Android after an iOS debut bringing with it an all-you-can-read subscription model. Voracious readers can subscribe to the service for $10 per month and read all the books that they want, including popular titles and new releases.
The app allows for offline reading so you can pre-download books if you'll be traveling afar with no Internet access. Oyster's library consists of 500,000 books where subscribers will have unlimited access.
Are you a voracious reader? Would this be a good service that you would use this summer to catch up on your reading?