Great idea and execution! However, I fear this may lead me to be less likely to lend things by making me more contemplative on the odds of me getting the things back in good condition or at all, and I wonder if this may actually be worse for me and my friend group. I’m sure I’ve loaned several books and never had them returned, but is this really that bad, especially given that I can’t remember any specifics items or lendees?

It just helps you keep track of all the things. I personally lent so many things that it helps me track who has what. ;)

Also the fb connection helps both sides remember it.