I voted for iPod Touch. I have both an iPhone 4 and iPad 2. For reading comics, iPad 2 wins, no question. For novels, etc, I prefer the iPhone. The iPad might have a larger screen but the Retina Display on the iPhone just looks so much nicer. On the iPad, I have to make the font quite a bit larger to be comfortable.
Being able to use just one hand for holding the iPhone/iPod Touch and turning pages is also a big bonus. I'm actually considering buying a latest generation iPod Touch to act as back-up reader for my iPhone when it's charging, etc. Just waiting for some really cheap refurbs (probably around August or September).
However, I would love to see a 5~6 incher with Retina Display (or similar technology). I can't use e-ink since I do a lot of reading in the dark.
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