Personally, I think the iLiad is the kind of product you get when you design by feature, not by goal. The hardware "has all the right stuff" in it, except for what really matters: sensible power usage and standard connectors. The software does "all the cool things" like scribbling on pdfs, except that it is not really usable. It is too slow, too half-assed and not user friendly at all.
I've criticized the iLiad for fighting it's display, in stead of working with it. Most of user/computer interaction happens through page refreshes (as they would on say a web-page), but that does not work very well with a 1hz display... If they had based interaction on scribbles and drag'n'drop it would be a lot easier to use. They also have a display that is extremely readable and quite large, but they put the least possible amount of information on each page. Like listing only 6 directories, with no extra info than the name, on the whole screen. In fact, the whole directory structure and how it maps to the buttons is pure hell, and even got messier when they allowed users to re-map the buttons to work on memory extensions...
So I basically just use my iLiad with my patched iPdf that gives me gestures and fullscreen operation. It lets me read books, papers and solve sudoku. And that's it. I don't ever use the wireless except when updating the software. I transfer content by putting an SD card into my laptop. I have to put the SD card into my laptop to rename a file, or create a new notes file (I don't use the horrible notes app, I use "blank" or lined PDF files).
The iLiad is a good idea gone bad. I don't ever think it will be a properly good device, at least until we get a community based port, based on the 2.6 kernel and with a community based content browser. It's basically shit - expensive shit.
But I still like it. It's just sad it's so very far from it's potential, and not likely going to get there.
/R
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