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Many people very happily read eBooks on Pocket PC and Palm devices - I did so myself for many years before the new eInk devices appeared. PPCs/Palms are available at extremely reasonable prices; one doesn't need an especially "high spec" device for reading, although getting a machine with as high a resolution a screen as possible will make the reading experience better.
I have to say that the "uBook" reader on the Pocket PC is still far and away my favourite book-reading software, even though I do now use a Sony Reader myself.
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