I've been having this internal 'Get a Kindle or not' battle for weeks now. One part of me says I ought to wait for another two generations to be out at least. It points out that actually, e-books are just as expensive as brand new books and you can't get them second hand so if nothing else, the sentimnetalist hard-copy lover wins for purely economic reasons (cheapness? :D).
It sounds very cool as such ... zooming facility, font adjustment, being able to read even in the sun, being able to carry a 1000 books with you wherever you go ... but I don't see how it might replace the physical book. I think there will always be the need for physical books. If the day comes when people stop printing books, I won't be eating my words, I'll merely be ruing the loss of something so irreplaceable.
I can see where an e-reader might be useful. Students needn't carry a zillion textbooks/references around, it's all there in one handy package. And you could still squiggle all you like in the margins. One could possibly write/read a 'live' book which becomes available on a chapter basis as it's written. It has possibilities, no denying that.
Books are a personality thing I think. The book you're carrying says something (a lot, perhaps) about you. It can be a conversation opener, an in-joke, a point in itself. A cover is a peerless advert by itself.
But buy an e-reader and you lose out on that. It's going to be the next ipod/iphone. Owning one would make me just another standard issue hi-class-piece-of-technology owner. No more surreptitious glances from people around me when I carry The Ex-boyfriend's Handbook, no amused smiles when I'm walking on the road with the book in my hand upside down (which amuses me in turn. It's not like I'm reading WHILE I'm walking! Come to it, holding the book upside down would actually make reading when walking easier), no more being the frills-and-furbelows girl reading Neverwhere, or the girl who looks like she'd bite your head off but can be seen smiling fondly as she reads The Wedding Officer. No more. Instead, all you have is just another person with a square tablet that looks no different from someone else's. I don't think this is necessarily an upgrade, the saving space, upgrading to something niftier. In a sense, it's loss of individuality.
Heck, what about things like books launches?! What about standing in queue to get the author sign your copy? What about waiting to buy something very special, like the 50th anniversary copy of To Kill a Mocking-bird? There won't BE a 50th anniversary copy as such considering they'd look and feel just the same electronically (at this point anyway). And what will the author do, sign your e-reader? Or sign your e-book with an e-signature but honestly, that ain't good enough for me. Give me ink any day. And paper.
Thank you, Chandni, for inspiring this post. I must admit that I actually wrote the entire post in your comment window :-| (which just goes to show that what they say about a change of scenery being inspiring really is true!)