All in all, if all you want is an ebook reader, the iPad is not a good idea. Apart from the whole LCD screen/eye strain issue, there's also the fact that it's a bit too heavy for reading for long periods of time, and it costs so much more than dedicated readers.
Yes, the iPad can read ebooks*, but that's not it's only, or even it's main, function. It's almost a computer (but not quite). So if you want a device that can be used to read books, looks damn good, and will replace your aging laptop/crappy netbook, then yes, get an iPad. If all you want to do is read books, stick to your Kindle.
* And as far as that goes, the iBooks app is frankly terrific. Looks way too cool.
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