I use my Note 2 for reading and I like it! Never mind the technical basis for it, when I am standing in line or waiting in the doctor's office or on a train, my Note doesn't strain my eyes and I can enjoy my book.
When I'm home I will always choose my EE.
It's interesting to understand the mechanics behind these screens, but really all I care about is can I see what I want to see in the way I want to see it. And yes, I can.
By the way, the stylus for my eDGes seems to be stronger (electromagnetically) than the stylus for the Note. When I use the eDGe stylus on the Galaxy Note the Note responds to a hover as if it were a touch -- weird!