Strike 1: old LCD display. "3 to 5 h of autonomy" according to the web site. I get better eBook reading time from my Palm.
Strike 2: Windows CE 3.0 - which means that it takes about 4-5 times the resources to get anything done as compared to any other embedded technology. That translates into higher price for less ability.
Strike 3: No dedicated memory card slot. So you need to give up other expandability to get more memory. Plus PCMCIA slots tend to take more power than a dedicated slot, meaning even less battery time.
The simple fact that this thing comes with a modem (who uses those anymore?) says this thing is way out of date.