Well, I'm definitely disappointed.
I was very much ready to put an order in today when I saw the first post in this thread.
But I'm trying to see the glass as half-full. I'm hoping the inevitable bugs will be worked out before the "consumer version". I'm also hoping the price will be (MUCH) less than the speculated $800. If not, I really think this device will be a flop. The sony ready is supposed to be about half as much, if not less. And while everyone here knows why the iLiad is so much better, the majority of people looking for a reader will not. Nor will explaining the differences have any effect. Not at double the price point.
Here's hoping it's better and cheaper in September.