Not quite the same, but the reason I've been toying with the idea of an ebook reader is mainly for the convenience of reading journals. I'm fortunate that all the journals I'd need to read are purely text based, with no tables.
Looking at Amazon's blurb regarding the new Kindle I'm pretty sure I read you can highlight & anotate PDFs, so am getting seriously swayed in that direction. Plus I'm in the UK so am very limited in what's available.
Will be really interested to see what else is suggested.
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