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LCDs also have a long way to go don't forget. They are trying to develop smaller crystals, tighter resolutions. Apparently when you view a super high resolution and a high refresh rate on a device, that eye strain problem doesn't occur. Also eventually there becomes a point when the resolution is high enough that it begins to feel like reading from a plain piece of paper.
When they reach that state they will be supurb for reading from. LCD will clearly be the victor because e-ink doesn't play videos, computer games, do color screen internet, 1080p movie playback. LCD will. Because of that the market will overwhelmingly buy an LCD device and also use that for e-books. Only the hardcore reading niche will stick with e-ink once those super high res screens come out.
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