I'd rather have your 'Infopad'. Tiny stuf is made to loose. Mankind has been trained for centuries to carry books, why not keep on with that physical size.
Sure there are applications where small is better. It's not because we can now make them smaller that everything has to be.
BTW I like small cars à la 'Smart', it's more ecofriendly. Why don't they make those SUVs Shrink? Now there is a category that needs reducing!
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