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Well, if your heart isn't set on e-ink, I have a suggestion for you. Look at the new crop of tablet PC's coming out. For example, Archos will release the Archos 9 - 8.9 inch tablet form pc (looks like an ebook reader, *grin*) in September. Cost? $450 or 500 USD, depending on how much hard drive capacity you want. It runs Windows, so it will also support the software programs to read every ebook format out there with the exception of .azw and .lrx. Supports wireless internet 802.11 for connectivity, and as I understand it, 3G connectivity is an option, too. Battery life, of course, is nowhere near what an e-ink device can offer, but the portability is there for short jaunts. Being a nearly full power PC, that should satisfy your conscience about multifunctionality.
The Archos isn't the only device of that type out there, either. Check out UMPCportal.com for more and reviews of devices of this type.
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