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Most people use eink ereaders for novels that are 100% black & white text (so Regal mode works well) and few or no illustrations and would spend maybe less than 0.15% of the time looking at the cover.
I've no objection to colour eink being sold as well as mono, but it's not a substitute for mono and will be replaced by LCD/OLED/QLED with matt screens. It's also misleadingly described and marketed. Few people buying colour eink will be negative as they likely would not have bought it. So those happy with colour eink are not representative either of the majority of ebook reading people (who don't use eink at all) or of those reading on eink.
I doubt more than a couple of the last 1000 books I read had any colour content. The Beatrix Potter omnibus has colour, but a 7″ colour ink wouldn't do it justice.
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