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The literati is a great reader if you get it at the right price (below $80, preferably ~$40-$50). It doesn't have a search function or a "jump to", but it does have a (slow) dictionary, acceptable build quality and (I think) awesome page turn "buttons" (they are touch sensitive areas under the arrows). Battery life is about what can be expected from a backlit LCD device (turn the brightness down and you will get significantly better battery life). Formats are limited to epub and PDF (which for some reason show up under the "Docs" tab rather than "books" tab...) and the D-pad is a little frustrating at first (I got used to it. Well, sort of.)
Overall, I am glad I got it, but I would not pay more than ~$60 for one.
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