Buying eReader is a great idea and I also want to have one. If your needs can wait it would be better to save more and wait until you finally arrive at the amount that will allow you to get the best buy.
The thing is that this particular model supports more formats and features than models costing twice the price.
My only real concerns after reading more reviews is build quality and battery life.
I don't want to be locked into any single vendor's proprietary formats.
The built in radio and ability to listen to music while reading is a big plus too. As well as the color screen.
Honestly I haven't seen any other readers on the market that come close for the price, but my only other realistic option would be an android tablet and those are still way too pricey for what you get for the money.
Thanks for the info. Haven't had much chance to play with it yet, but have received it and charged it up. That thread is pretty much the same as all the others I've read. Mixed reviews, mostly favorable with some concerns about battery life. I'll post some opinions of it here once I've had a real opportunity to sit down and play with it.