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I think he is partially right, the tablets will devastate e-ink in the next 3-4 years. The general public will prefer to have a device they can read on as well as watch movies, listen to video clips, browse the web with a real web browser, check email, use applications etc etc.
The aesthetics of most e-book readers look like they are from the 80s, a shint cheap tablet with basic iPhone style functionality will hurt ebook devices. They will probably arrive in 2010 but will be expensive as hell. By 2012 they will be cheap(ish) and e-readers will become a small niche product.
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