Geek.com has posted an interesting comparison: comparing the iPad's IPS-LCD (or Super-LCD) to the Kindle's E Ink up close. There are two photos. One at 26x magnification, in which you can already see the 'dots' in the LCD (the right image):

The second image is at 400x magnification:

As you can see, the E Ink display is way better up close - it's not just a series of dots. So obviously the LCD has a lot of advantages (color, fast response time, bright), but for reading, nothing beats an EPD...

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