As usual, "meh."
I do concur that the reader space is practically in a "quantum foam" stage, but I also expect that's going to shake out very quickly. I also have an odd feeling this will actually help the market leaders (Sony, B&N and especially Amazon) as they have brand recognition, teams that can execute, etc.
And of course, we have the obligatory geek jab at single-purposed devices. At least he didn't parrot the "when Apple puts out their combination tablet and automatic flosser, it's game over."
Too bad about color eInk and Mirasol. I'd rather see good color tech come out in a longer time frame than crappy color in a rush.