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Based on your "not ... more taxing than to read" criteria, the MOBI format and the Cybook are your best option. The Readius is going to be an interesting device for early adopters, but it is unlikely to provide a seamless reading experience initially and the Cybook is good enough today. In everything except size when not in use, the Cybook is likely to beat the Readius. Small size is an advantage, and foldable screens are in everyones future - but not yet.
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