Whitearrow, I disagree.
Why do you think if there are covers you won't find what you are looking for quickly? Would probably display more items per page in cover view and, if done right, you would still be able to sort by title, author, etc.
Plus, I do want it to look pretty. greyscale covers look fine. If the Kobo can do it, Kindle (especially K3) should have no problem.
There is no reason why there can't be an option to choose how the home page displays.
http://www.mobilemag.com/2010/04/08/...bo-ereader-08/
Frankly, the only disappointments I have with my kindle are the inability to view the covers while browsing books (and I mean without having to go into the book 'details') and the way they have taken a simple and necessary concept such as sorting and fubar'd it.
Along the same lines, I sure do wish there was an option to open the book to the cover page.