I think a device designed to do one job, and do it well, will almost always do that job better than a "jack of all trades" device.
That being said, we all want, and expect different things from our tools.
So there is room enough for both. Personally I don't need or want to make phone calls from my e-reader. Nor do I need wireless networking, so for me the Jetbook is a good fit.
Your wants and needs may differ significantly from mine.
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