No doubt the announcement will be made by the time you read this, but it seems that Newsweek is going to be coverign the release of the Amazon Kindle, with a cover article featuring it and Jeff Bezos.
NOTE: that cover page has red text on the Kindle display but it's a monochrome E-Ink display.
Some more Kindle details from the article:
* 6-inch E Ink screen
* Price: $399
* weighs 10.3 ounces
* 30 hours of reading on a charge, and recharges in two hours
* has a "sleep mode"
* built-in memory holds 200 e-books
* allows searches within e-books
* wireless capability through "Whispernet" (based on EVDO) which extends the Amazon store
* "buying a book with a Kindle is a one-touch process."
* Over 88'000 e-book titles will be available on launch
* NYTimes bestsellers priced at $9.99
* First chapter of almost any e-book for free
* Available newspaper subscriptions: the Times, The Wall Street Journal, The Washington Post, Le Monde
* Available magazine subscriptions: The Atlantic
* Subscriptions to blogs also cost you something!
* Lookup features for Wikipedia, Google Search
* Private Kindle e-mail addresses to communicate with other Kindle users
* Development of the Kindle began in 2004
Here are a couple of discussion threads from MobileRead one, two
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