Note Restrictions said: Offer Excludes: previous purchases, special orders, shipping, gift cards, coupon books, newspapers, magazines, comics, audiobook downloads, music downloads, vinyl LPs, Rosetta Stone® software, tax software, video games, all electronics, including eReaders, eReader Protection Plan Packs, and certain eBooks (see the Details section on the applicable eBook product page on Borders.com to determine if excluded).
One thing I have found these coupons useful for are music box sets... I bought the Tom Petty Playback box set a while back with a 33% off coupon. Made it cheaper than any of the new prices on Amazon or borders online...
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