I haven't voted, but I'm leaning toward the mackerel option.
I read on my smartphone when my ebook reader is inconvenient, mostly when I'm working and waiting on my computer to finish whatever I've asked it to run. It sits on the desk in front of my keyboard. The small size means it doesn't take up a lot of room and the few words per page means I can read a few words each time and not have to keep finding where I left off.
I don't mind reading on my phone, but if it is for more than a minute or two, I'd rather have a larger screen with fewer page turns.