I have an Acer One Netbook with a 120gig hard drive - I read ebooks on it and also on my Ipaq 4700. What I really like is that I can run any reader software - Ereader. Ms reader, Mobi, Adobe Digital - so I can read anything. Same with my Ipaq - Which is the reason I have not taken the plunge on buying any particular e-ink reader.
I have no problem reading books on either device - I like the netnook because you don't have to hold it.
I also use it for music, and watching movies.
If you buy one. just make sure you get the 6 cell battery....
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