Direct to device is nice, as well as a touchscreen, but I really don't see either as critical. For the former, all you need is a web browser and I don't see that as being all that hard - wouldn't this work on your phone's browser? Or a tablet with Wifi?
Using the vacation scenario, my Kindle can hold hundreds (if not thousands) of books, and if I have to get a library rental right away because my book just came in, it's unlikely that I won't have access to a web browser of some kind.
As for the touchscreen, it's really unused most of the time. Page flipping on the side button is fine for me. It's a nice add on, but I don't see it as a dealbreaker between a Kindle or a Nook / SONY Reader.
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