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I think there IS a very definite market for a 5" frontlit eink reader, as opposed to a smart phone app. It's easier on the eyes than a smart phone and easier to slip into a handbag or pocket than a 6" eink reader.
If there was one available, I'd buy it. But frontlighting is a must for me now. I look at my old Sony prs 505 and wonder how I ever read on it. (The truth was that that the house I used to live in had far better lighting.)
It's time for Kobo or Kindle to develop this format, with frontlighting, and the now expected ability to load custom fonts etc.
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