New e-books are being released over the coming months that are starting to provide decent alternatives to paper. Some remaining issues to be solved are slow refresh rates (8/10 of a second) which prevent support of animation and video and lack of color. Color versions are supposed to be availble next year, and video is forecast to be supported by 2012.
The iRexReader 1000 which will be released in the coming months will have options such as touchscreen, bluetooth, wifi, and 3G cell connection.
My opinion is that this niche product for reading books/magazines etc. will become a true convergence device and in about 3-5 years will start to replace laptops for some uses and even mobile phones, assuming the form factor can be figured out, as well as replacing print.
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