According to this blog's interview with Sony's Mike Abary, the Sony Reader division seems to still have a future. I know there has been some speculation that with the discontinuance of the 505 and 700 series reader that Sony may pull out of the e-reader business.
Here is the link.
http://blog.laptopmag.com/sony-promi...support-coming
And a quote:
Is there any similar collaboration going on with the Sony Reader team?
There was a reorganization that occurred at Sony where PlayStation, VAIO, Walkman, and Reader came under the same electronics group. As such, with those categories being put together under one umbrella we need to collaborate. I also see a better integration of Reader with VAIO products.
Commence with the speculation.