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I'm a recent PE user and still know little about its potential. However, you're not correct when you assume that tablets in general have made Windows PCs a "just a few times a month" brick. Most Americans use laptops running some form of Windows. But in regard to your question about why the Edge(s) didn't succeed? The device is too intellectual in an era when technology is increasingly emotional ("social" network, etc.). Tablets, even or maybe especially the IPad, are inherently anti-intellectual, if only from the perspective that manipulating them requires just one finger and the ability to move that finger.
I bought my Edge specifically for research capabilities on the tablet side to enhance the reader side.
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