See
Google to launch Google Editions platform from the AP:
Quote:
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The books bought from Google, and its partners, would be accessible on any gadget that has a Web browser, including smartphones, netbooks and personal computers and laptops. A book would be accessible offline after the first time it was accessed.
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Note that "web browser" probably implies a requirement for on-device internet access. This rules out very nearly every existing EInk Reader, although perhaps not the next generation of devices (the DR800SG for example).