Its 4096 colors.
Here are the detailed specs:
http://www.hanvon.com/en/products/eb...ucts-C920.html
Engadget article:
http://www.engadget.com/2011/12/07/e...-500-ships-in/
According to the article, this device is already on the market in eastern Europe. But where? Which countries? Do they ship internationally?
I think for an e-ink tablet the price is OK. Web-browsing without eye-strain.