I have a 505 and was never really happy with it. I don't like how hard it is to press the page buttons and the Sony store, well, you know how that is.
I bought a Kindle and have not turned on the Sony since the day my Kindle arrived.
I think that with the next gen Kindle right around the corner, the ability to easily purchase books on the Kindle store, and the fact you don't have to tether the device to a computer gives the Kindle a pretty big lead on the other devices.
I don't think all the others will go away, but the Kindle's lead will only grow over time and it will become the device of choice for most people. Certainly once it's rolled out in Europe and I suspect it will be sooner or later.
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