I really hope the kindle will be under 250€. Maybe they sell it for less, with some kind of book club/monthly subscription, I would consider the Kindle then.
As I buy most books from amazon anyhow at the moment, it would be ok for me if amazon was the only source for DRM material for the kindle, although common mibipocket would be even better.
I really hope, that the Kindle will not be restricted to DRM content only.
PS: Am I the only one who finds the rumored design of the Kindle quite atrractive? I know, I have no taste...