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We really have no idea how good the software on the Mentor will be. It might be worth waiting until September to see how good it is, but the Cybook is a safe choice.
No current EInk device has a full-featured web browser. The Kindle has a basic web browser, that is ok for occasional use but it also has a keyboard. I would be surprised if the Mentor had a good web browser, although in principle there are now several browsers that would work well if someone was willing to pay for the effort required to get them working. It would use an on-screen keyboard, which is one reason that WiFi and touch screen are often mentioned together. Note that the iLiad v2 has WiFi, but does not come with a web browser and the latest "Reader Edition" has dropped WiFi. The argument for WiFi is the delivery of content (ebooks, RSS feeds, etcetera) without needing a PC. This is a good thing, but only the Kindle does this well today and only in the US-only Whispernet coverage areas.
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