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I'm surprised text is blurry at 207 PPI, but I've never used larger e-ink tablets to know. I'd be feeling nervous about the possibility 10% better resolution won't make a significant difference.
The Elipsa is kind of a failed device. Most people buying a 10 inch or larger e-ink tablet want note taking functionality as a primary feature and the Elipsa isn't competitive. And if you're going to make the Elipsa all about the ereading experience, not giving it a comfort light makes it arguably worse than it's competition along that dimension, too.
As much as it sounds like I'm trashing the Elipsa, the above factors actually make it an attractive option on the used market. I've seen them available at half their new price; at that price point it becomes a much better value proposition. I think I'll end up with one, eventually.
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