If you are going to be reading for long periods of time, the e-ink will be easier on your eyes. I have a netbook that I use for most things, and do my reading on the Kindle. Its not that much extra weight, about the same expense ($189 + $300 = $489 v. $499). I really like having the netbook because the keyboard gives me a functionality that the ipad doesn't have.
I think the iPad's time will come, especially as they start getting bluetooth keyboards out on the market, but as an overall solution I like the Kindle + Netbook much better.
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