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It's strange to hear a claim that print is not high resolution. Magazine print can't be replicated by 300 dpi laser printers. E-ink doesn't come close. 300 dpi would be a substantial, easily visible improvement to e-ink displays intended for e-readers. So would improved contrast; again, it appears to me to be less than paper. And screen refresh times need to go up by a factor of 5 or more, for page turns. There's plenty of room to make the technology better.
When an e-reader page looks as good as a page of The New Yorker or The Atlantic and page turns are 1/10 sec, then I'll be satisfied with the screen quality.
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