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I love my Kindle and love the technology that makes it so useful but I don't think for a moment there is a long term future for a dedicated ebook reader. Ideally we'll eventually all have something similar to a large iPod touch that does a bit of everything (I don't think we'll all ever want to be reading books on devices as small as phones).
But tech all seems to be going the direction of integration. I mean, heck... what my iPhone can do alone is absolutely amazing and if the screen wasn't so small (and generally not as amazing as eInk) I'd not even need my Kindle (especially if Amazon extends the store to the device!).
But we're a ways off. But I doubt we have more than 10 years of dedicated ebook readers ahead of us. Probably not even that. Maybe more like 6.
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