I had a Kindle 3 (now Kindle keyboard) since October 2010. I found that I NEVER used the keyboard (except for the menu, 5-way controller and back butons) so it didn't make sense in my situation to have a keyboard on my eReader. As soon as I saw the new Kindle announced (non touch) I knew it was for me. Same screen size but smaller overall size due to lack of keyboard. The fact that the processor is faster is a bonus. Sure it has less internal memory but the extra 5GB of "personal documents" that Amazon gives you more than makes up for that in my opinion. If you're like myself and don't ever use the keyboard then it makes sense to go for the update.
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