No, eInk has great promise and has come a long way. The first devices didn't have as many shades nor as high contrast as new devices. Plus they were slower at refreshing.

I'd love to have some color eInk action right now actually. In fact I'm hoping the technology will come sooner rather than later and we can see a nice color eInk picture frame. I think having an image without a backlight that needs no power to maintain would make the ultimate digital picture frame.

They'll also make great readers. The Kindle and related readers aren't going to be mass-market until they come well below $100. And even then... I don't think the iPad is mass-market like music or the iPod or even the iPhone btw.