I am keenly awaiting the arrival of a dedicated ebook reader - one small enough to take anywhere. I am currently investigating the Kindle, but until the new version hits Oz (currently only available in the US) I will have to be patient. The portability and the current nature of titles is what appeals to me - over Project Gutenberg and other copyright free sources. They are fantastic, but limited for young readers and I think this might be the future for them.
Although I love nothing more than curling up with a real book, I think that young people will be wanting to access their books electronically.
There is enormous debate by we oldies, but if they are reading and enjoying reading, does it matter the medium they choose to access??
I want to properly investigate the realities of reading in this way. So far, I have only read downloaded books on my laptop - not my preferred method by a long shot. However, this is going to be reality for many very soon.