Color e-readers coming

E Ink, the company that makes the display technology used by Amazon’s Kindle and other e-readers, has announced new technology that will deliver color readers.
A Chinese e-reader maker, Hanvon, will show the world’s first color E Ink reader at a tech show in Tokyo. Hanvon’s e-reader will be available in China in March. It starts at US$440, has a 9.68-inch touch-sensitive screen and features 3G and Wi-Fi connectivity.
Wired.com reports that the reader uses a standard E Ink screen with a color filter, "so it has the same low-power, lightweight, high-readability characteristics of its black-and-white cousins. But this also means the screen is more or less static: it can show color photographs, illustrations and possibly some animation, but not full-motion video. The short version is that consumers want everything: vibrant color and full video with low power consumption and zero glare at an unbeatable price."