The price is very high.
The price is about half way between a top of the line PDA and a Tablet PC, yet it really has the power of neither.
Much better idea than the Sony Libre, I must applaud Cybook for trying to overcome the ebook format compatability issues and making the whole ebook reader hardware and software issues seamless.
But what we really need is a sub $75 mult-format (Win., Mac, Linux compatible) ebook hardware reader not a $750 ebook reader.