well. i don't have a macbook but i have read on my iphone and other LCD displays. so i'd say yes, it's a similar experience. but the IPS LCD is absolutely stunning and the viewing angle is huge. very easy to share watching a movie with someone sitting next to you.
as for reading. i have a sony 600 and can compare the two
1. resolution: the 600 does have a higher DPI (170) vs the ipad (132). so the sony can form better looking characters on its screen. the 600 wins.
2. contrast: comparing direct black vs. white contrast. we all know about the contrast issues on the 600 due to the touchscreen. plus the eink only has 8 greyscale levels. the ipad is full color. the ipad wins.
3. refresh rate: the ipad wins.
4. readability in direct sunlight (standing outdoors with the sun behind or overhead: the 600 wins
5. readability in a dark or low lit room, without any additional light source: the ipad wins.
6. readability in a moderate or low lit room, with an additional light source: a toss up, depending on the lighting and how well it helps the 600. a good light source may make this category a tie, a poor light source and the ipad wins.
7. customization (ability to change fonts, page colors, etc.): the 600 has a few font sizes and only one built in font. you can not change the page color. you can embed fonts into epub files. current ipad applications can not read embedded fonts, but you can change font faces, font colors, page colors, font sizes, screen brightness and more. ipad wins.
8. battery life: 600 claims "7000 page turns" or approximately 2 weeks. ipad gets a respectable 10 hours of use. 600 wins.
if you can accept reading on a macbook (you don't mention what model) you should have no problem reading on an ipad.
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