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Kobo's new color E Ink eReaders start at only $150
(www.pocket-lint.com)
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some ereaders do use android, my old onyx did, but honestly i much prefer the dedicated solution kobo has. they could use android, but if they've got the resources to make their own os targeting their actual use case instead of cramming a mobile phone os in there, why wouldn't they? even their os has too much cruft for my taste, but it is a lot less than an android ereader.