Just a thought.... although its format support is limited, the Ectaco Jetbook might be a solution for those who have problems with the page refresh on eInk but still want a device to read outdoors. Its not eInk, but it is reflective LCD; so it should be readable outdoors.
Unfortunately, it only supports pdf, txt and fb2 (though I am not 100% sure about fb2 since not every website says that). If you are planning on reading mostly Project Gutenberg books, that should not be a problem; but if you want to read new stuff, you will probably have to do format conversion... and DRM stuff will not be possible unless breaking DRM is not a crime where you live.
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Bill
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