Before I’m finally done with this topic, I wanted to correct one other part of John’s argument. Gruber:

The only way to lend a friend a Kindle book is to lend them your Kindle reader. “Unshareable books” sounds downright oppressive to my ears.

Engadget:

You can bind five or six devices to a single account, and share books you’ve purchased to those accounts. There’s no simultaneous reading lock, so if you and your significant other are on the same Amazon account you can both read the same book at the same time on your Kindles.

It’s just like iTunes in that regard. It seems that Amazon went out of their way to ape Apple’s model in every way feasible.

I agree with John that it would be very smart if they opened the unit up to non-Amazon e-books, and if they’d drop the silly $0.10 fee per document that they charge to convert your PDFs, DOCs and JPGs into Kindle-compatible files.

Unlike John, I hope they correct these few small things and succeed in a big way. All the pieces are there, they just have to put them in place.