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For the purpose of reading I have no complaint about the page flash. Everyone notices it at first but it fades into the subconscious, just as flipping the page on a physical book does (and often takes longer than an e-ink page flash).
Would I like it if it was faster? Sure. Does it somehow limit the adoption of e-readers? Don't think so. I think the gating factor there is price, price, price.
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