Nokia is preparing to release the Internet Tablet, a handheld, Linux-based device with wireless web browsing capability and a variety of multimedia options (video, audio, internet radio). $350 is the asking price. Problems seem to be that it doesn’t come with a lot of memory, and that it doesn’t support Microsoft media formats. But it edges a little closer to the “can I take it into bed with me?” criterion. We’ll see if any interesting e-reading formats are developed for it. Most likely just a footnote on the way to something better.
Mentioned here in Wired. Here with the Linux angle. Pros and cons laid out here.