I think of books and literature as texts, as information. Texts interconnect with other texts and exist as parts of dynamic systems of reading, interpretation, rewriting, and references. People have relationships with each other, and with objects, and I would argue that their relationships with literary texts fall somewhere in between, because texts carry more complexity than, say, a car or a hammer.
The judgement of literary quality has something to learn from the web’s management and judgement of textual information. Context is important. Who is reading is important. Relevence to a specific need, query, person, or community is important.