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I prefer not to go after this from a price point of view initially, but from the viewpoint of what you are looking to do. Perhaps you can give us some more insight?
For example, lets look at reading news/magazines. Many people are quite happy using their e-ink systems. If you are a 'just the fact' kind of person this would fit you quite well. However, if you want the feel of a multimedia magazine with glossy color pictures and video added in, then you are clearly going to want iPad style apps or at least a system that supports color, a web browser, and either/or html5/flash.
Without more detail, you will here what each of us like for ourselves (for me its Kindle for text/fiction and iPad for pdfs/media), and not what will work for you.
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