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I have the Edge and it's far more capable than the DX (which I also own). Notetaking and PDF markup are the killer apps on the Edge.
You can download directly from many ebookstores and libraries as long as you can download ePub (with or without Adept DRM) or PDF.
The web browsing is good, far better than the Kindle. No Flash and many sites limit you to their mobile version but the Flash issues will hopefully be fixed in a future firmware update.
I've only tried out one Android app, the eReader app, and it was easy to download and install. I wasn't too impressed with the app because it only used a quarter of the LCD screen's real estate but it does work.
The weight does make the Edge problematic for casual reading but as long as you can prop it up it's fine.
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