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Mirasol might have some hurdles to overcome but it's a great concept, and seems to be a good product.
Of course, good hardware needs good software. If you're going to have a fast screen for reading, you should have reading software that will take advantage of that speed. Unfortunately, all we've seen so far are page-turning animations, which might be pretty but are functionally useless. On at least one iPad video, I remember the demonstrator telling people to try turning the pages more slowly in order to enjoy the animation. If all we get out of a Mirasol Kindle-like device is the same old experience with more animation, it'll be a pretty pathetic waste of a good technology.
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