Below is a video that gives you a
very close look at the differences between what I think are the normal E Ink black-and-white display, the E Ink Kaleido color filter array, and the E Ink Gallery 3 color technologies.
Electronic Paper - See What Happens
I wonder if there are any limits on how fast the Gallery 3 refresh can get in the future. It sure looks as if that's the technology you would want eventually for a color e-reader, if the refresh speed can be improved.
It's still disappointing to see how much better plain paper is even when compared to the best possible e-reader technology right now.