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It looks that refurbished K1 fills this niche at the moment.
It's possible that Amazon is working on something like this and will release it shortly. Or maybe they are not.
Introducing a new model is an expensive feat - you have to develop it, set up manufacturing etc. If returns are not going to be that large - it may not be worth it.
eReader prices are coming down anyway. So soon "regular" Kindles may get "econo" price tag.
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