I have prepared a book with several editions in Wikidata so you can get the feeling of what the structure looks like

It is based on the set of properties described at the Books Task Force page, which are supposed to be inter-operable with the Wikipedia infobox (each language wikipedia will be able to feature a different edition as soon as arbitrary item access is available), Wikisource and Commons. 
http://www.wikidata.org/wiki/Wikidata:Books_task_force

The "edition items" in Wikidata could in turn be connected to the new BookManagerv2 extension that Molly is preparing for her GsoC:
http://www.mollywhite.net/blog/?p=87
http://tools.wmflabs.org/bookmanagerv2/wiki/Book:The_Interpretation_of_Dreams

What is your opinion of these advances? Do you think they are heading in the right direction?

If you could pass the information to your local Wikisource, it would be great to have some feedback about potential problems, and to know what is the perception of each project about it.

Thanks!
Micru