Although the weaknesses you cite seem like problems in search of a solution. No one ever expected books to have variable font size ... why would they?
Lastly let’s recall the book five hundred years ago is dramatically different from the book of today. For example your point about liquids is now in many ways resolved by the cheapness and ubiquity of books. 500 years ago, not so much.
Same for translations, with even books with dual languages side by side.
I find fascinating how the arrival of ebook readers made us rethink how we relate to books, and a lot of annoyances got surfaced only now because there was no comparison point before. My favorite is how you cannot ignore the length of a book while reading it: you can’t pretend not realizing there’s only a dozen pages left and the story must come to an end.
They can't be stolen back by the publisher or seller, can be trivially transformed into different formats, can take annotations, can be rebound with wear, and even if paper has it's faults, reading a page of a well maintained page in 1000 years is as easy as as the day it was written, even if significant swathes of technological backslide occur, and is only prone to the challenge created by human cultural evolution as opposed to loss of the processor or software required to decode/convert/display it.
An HDCP protected chunk of media may as well not exist in 1000 years.
For instance books have been with us for centuries, and honestly most of them suck. Paper pages are thin and sometimes cut your finger (how many times did you get cut by an ebook ?), most are weak to liquids yet our world is filled with liquids everywhere, sometimes coming down from the sky. Updates are painful and costly and non scalable. Font sizes can’t be changed, you have to use an external device to deal with it.
Not saying there are perfect alternatives or that the tradeoffs don’t make sense. Just that we learned very early that books have these limitations and we’ll need to live with them to be a member of society. And we can agree all of these aspects could be and sometimes are fixed, but most people are just ok with books ‘sucking’ in those ways.