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I would expect that Sony would keep both the 505 and the 700 in their line as they introduce one or two new models. There is a good market for both the 6" and the 9" screens as there is also a good market for reflected light and self contained light models.
In marketing a higher priced model will often help sell a lower priced model. People gawk at the higher priced version and realize that they can live with the limitations imposed by the lower priced version.
For me this is great news, so I can transfer much of the business document reading from the computer to a portable reader. As we have all learned over the years, letter sized PDFs are not the best thing to read on the Sony 500/505.
This is exciting!
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