Amazon Kindle – End of Paper Books?

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Kindle demo movie (link)

Today Amazon introduced the Kindle, a lightweight and powerful electronic book reader that features a new display technology that reads much like paper. Three years in the making, the Kindle has built in wireless connectivity and can display books, electronic newspapers, blogs, or just about any type of syndicated content. Weighting 10.3 ounces, the Kindle weighs about the same as an average paperback yet holds approximately 300 titles and retails for $399, about the same as a high-end cell phone or 2-3 college text books. Is this the beginning of the end for paper bound books? Read more at Amazon.