I don't know about anyone else but I'm totally excited about Amazon's Kindle II.
The idea of being able to download today's paper with the 3G network (same network cell phone's use, so you don't have to be in a "Wifi Hotspot" to download) is amazing to me. You can also carry around plenty of reading to keep you occupied for awhile. The pricing is something worth mentioning too, The Kindle is too steep for my budget at $359.00 (which is the only reason i don't own one yet) but once you own it, you will see savings across the board on your book purchases. So if you buy a lot of books you will save more in the long run.
You have a selection of over 240,000 books and it is continually growing. If there's a new book out that you are interested in reading search it on Amazon, you will probably see the option to buy it for the Kindle at around half price. Then you download it immediately, no waiting for the book to ship.
Downsides of the Kindle, it will never replace books that have images inside it(like comic books), unless the screen gets better and can show color. It also feels weird not owning the books on the shelf, they are all just downloads to read, it takes away some of the excitement of turning the page and holding a book in your hands.
My plan is to wait it out until the price drops.... :)