In fact, Time magazine did not list any e-book reader, not even Sony's PRS-500 or 505, in its extensive list of prospective inventions competing for
Invention of the Year. They did, however, list a massive machine designed to
print books on-demand at about 100 pages a minute.
In the long run, Time passed up inventions that could save us energy, make us more energy, make us safer, make our commutes easier, protect us from cancer and other diseases, reduce our impact on our finite resources, or bring knowledge to the third world... to name the iPhone as Invention of the Year. This, after copping out last year and naming "You" as Person of the Year.
If I had a subscription, I'd cancel it, and demand money back to compensate for their defrauding me by pretending to be a serious news magazine.