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With all the delays and problems that are evident in this crop of devices (iLiad, Sony Reader, Jinke), I seriously doubt that you are going to see rapid development of successor devices. If you think that the delays now are nearly intolerable I would not want to even hazard a guess what it would be for a color display. Flexible displays are well and good, though what's the point? You will not be able to effectively use a touchpad as you can on the iLiad. IMHO flexible displays is just a matter of packaging as the medium is already flexible - it just has not been put in production as a reader in that form.
There is also a larger question in the marketability of the current devices. If the companies are not able to cover at least the smallest modicum of development costs with the sales of these devices I would say that it would be safe to assume that further development on e-ink reader devices may come to a grinding halt. That is at least until a "killer app" or in this case a killer technology comes to fruitition and is viable and strongly marketable.
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