I would like the ability to use a large SD card as well. As far as a color screen goes...it would be nice however the battery would drain too quickly for me. I did promise my seven year old a kindle or other e-reader once he mastered reading. It would be nice to be able to have a color screen for him on the same account. Kindle could make the keys larger without increasing the over all size of the kindle since there is a fair amount space between each key. As far as accepting different formats I don't really care since I use Caliber for library books anyhow...
P.S Don't judge me, I am no the only DRM stripper out there.