Ok, I gotta ask: is it worth it?
We must have at least couple of thousand books, never had a problem with duplicate purchases, but sometimes have problems locating books. I bought Book Collectorz several years ago in an attempt to solve this latter problem but I was never able to able to get very far: many of our books don't have bar codes or ISBNs, and there was no built in way to generate labels with LoC numbers or whatever to keep them properly organized on the shelves. New books would arrive, we'd give away others, etc. It was too much work, and largely for books I'll probably never read again, even if I'm too emotionally attached to them to get rid of them.
Now that I've gone 99% 'ebook' going forward, the whole effort to organize stuff and keep it organized seems completely pointless and onerous, and costs me valuable reading time. If we get folders on Kindle, I'll be happy for the rest of you, but I don't need them, myself.

Carpe diem!
I looked at Shelfari, too. Looks like fun, but I guess I'm not very comfortable with most social networking applications. Privacy may be a thing of the past, but I cling to the little I like to think I still have...
