The Sony Reader is my first e-reader. Earlier display technologies were simply unacceptable to me for serious reading. Although the Reader isn't perfect, I find it very useful and convenient. While the contrast is not as high as paper and ink, the ability to increase the font size is a huge advantage in low light situations, especially for those of us with presbyopia. It is more convenient than a book because I don't have to hold it open or change my hand position when I flip pages. And, of course, it is much better for traveling since it can hold many many books.
All in all, I think the Reader is a fine piece of technology.
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