I strongly doubt that the "double display = double costs" formula holds true. The price for epaper is nowhere in the range of LCDs but way cheaper.
I remember reading an article on the prospects of eInk about a year ago. There, the estimated (future) Production costs for one square meter was about 35 or 70$ (my memory is really not that exact, but it was astoundingly cheap)! Mind you, that was the price for full scale production, not the intitial rollout, but it gives an idea of what to expect in the coming years.
And that will more likely be pimped wallpapers than gadgets that fit in your pocket.
Personally, i think i will be quite happy with my Sony Reader (when it arrives in a few days, YES!), but among some friends who aren't into mobile reading, the "bookishness" of the BOOK2 was way more attractive to them than that of my cherished Sony Reader [sniff].
So, in a few years, i hope to be able to buy a 200-pages ebook reader (will instantly zap one third of your battery juice, but hey, that's browsable eBooks for you ;-).
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